Image: The White House

That's right, apparently our central planners, in their infinite wisdom have decided that what the economy is really lacking right now is more cheap housing.

Here's what Rosie Rios, the US Treasurer wrote:

Access to affordable housing is a challenge facing communities across the country. But the Recovery Act is helping our nation meet that challenge head on by providing states with cash to help them finance low-income housing construction at a time when too many projects would otherwise be stalled. These projects are helping revitalize communities through both the creation of new affordable housing developments and the tens of thousands of jobs being created to build them.