Selling Federal Land to Address Housing Crisis: Sen. Mike Lee & Sec. Doug Burgum
Forbes Breaking NewsJuly 7, 20256 min3,606 views
22 connectionsΒ·32 entities in this videoβFederal Land and the Housing Crisis
- π― Federal land control is a significant issue in western states like Utah, where the government owns about two-thirds of the land.
- π‘ Sen. Mike Lee proposes making a small percentage of underused federal land available to address housing affordability.
- π The idea is supported by President Trump's calls to use unused federal land and a joint HUD-Interior task force.
Land Sales as a Solution
- π° A fraction of 1% of unused federal land could help alleviate the western housing crisis.
- π Selling just 41 acres in Southern Nevada generated $16.75 million for the federal government.
- ποΈ An 80-acre parcel near Las Vegas, not designated for recreation or conservation, is being sold for affordable housing development.
- π€ Federal land swaps, like those in Utah, can free up land for more productive state use and help fill in checkerboard federal wilderness areas.
Federal Land Value and Maintenance
- π Approximately 250,000 acres of federal land are located within a few miles of cities with populations of 5,000 or more.
- β οΈ The Department of the Interior faces a significant maintenance backlog, estimated at over $33 billion.
- β Selling federal lands strategically can generate revenue to address deferred maintenance and improve recreational and educational opportunities.
- ποΈ Revenue from land sales can fund improvements like new visitor centers at BLM land and Hoover Dam.
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32 entities
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Transcript23 segments
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Whatβs Discussed
Federal LandHousing CrisisHousing AffordabilityUtahLand SalesFederal GovernmentDepartment of the InteriorHUDDeferred MaintenanceLand SwapsAffordable HousingWestern States
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