About this tool
Homesteading 2.0 is a proposal to auction about 0.3% of Bureau of Land Management land, roughly 850 square miles, to private developers so they can build about 3 million family-sized homes on smaller lots. The page explains how the plan would work, who could buy, and where the land is. It matters because it offers a way to add starter-home supply in some of the nation's least affordable and fastest-growing states.
- Shows
- A proposal and overview of Homesteading 2.0, a plan to sell federal Bureau of Land Management land to developers to build about 3 million homes, split between homes near existing cities and 20 new 'Freedom Cities,' including the plan's land, home-count, revenue and eligibility details.
- Places
- Nation, States
Questions it answers
- Could federal land help make housing more affordable?
- How much Bureau of Land Management land would Homesteading 2.0 sell, and where is it?
- How many new homes would the plan add, and how would they be split between existing cities and Freedom Cities?
- Who would be eligible to buy a home through the Homesteading 2.0 lotteries?
- How much revenue would the land sales bring in for the Treasury?
Limits
- This is a policy proposal; the figures for homes, home sales and Treasury proceeds are expected or estimated, not results.
- The plan covers 850 square miles of land, 0.3% of the 267,000 square miles of Bureau of Land Management land in the lower 48 states.
- 99% of the land is in ten western states: NV, UT, ID, WY, CA, AZ, CO, NM, OR and MT.
- The $100 billion in Treasury proceeds is an estimate over 10 years, net of lottery lots.
- Homes would be built over 10-20 years near existing cities and over 40-50 years in Freedom Cities.
- Lottery eligibility is limited to first-time or move-up buyers who are primary owner-occupants and U.S. citizens.