Trump to unveil new federal housing strategy, home prices fall 2% in February
The president-elect has been criticized for not announcing a new housing strategy after years of promising to do so.
Trump has said he would unveil the plan during his first visit to Capitol Hill later this week.
But on Wednesday, Trump did not provide a clear indication of how he would implement it.
He will use his meeting with lawmakers to discuss his plans to revitalize urban America, according to a statement from his transition team.
He also said he will seek to “help the next president create jobs and grow the economy” during the visit.
But in a statement, the White House also said Trump will use the meeting to discuss ways to make housing affordable and to focus on a new strategy to help urban America.
The White House added that the president-in-waiting would “expand economic opportunities, strengthen the rule of law, and help the middle class.”
Read moreTrump will be in Washington for the final time as president, and he will hold a news conference at the White’s Hotel in the heart of the nation’s capital.
He will use that time to unveil a new federal strategy to revitalise urban America that he said he is developing with “all of the parties involved.”
The Trump administration has promised a major housing plan in the coming months, but the White Senate has been reluctant to provide details on how it would work.
In recent months, HUD has struggled to make progress with a series of initiatives to revitalizing cities and counties, according a report from The Hill.
HUD has also been criticized in recent months for not having a clear plan for what a new regional housing strategy would look like.
The report said that Trump has not given HUD the details he wants on how he intends to create the strategy, and instead is relying on the private sector to create it.