According to a new study by Harvard University’s Joint Center for Housing Studies, nearly half of renters in the US are cost burdened, meaning they spend more than 30 percent of their income on housing, and the COVID-19 crisis is exacerbating this burden. In response to this crisis, executive fellows of FUSE, a nonprofit that partners with local governments, see five local policy recommendations as keys to financing affordable housing: establish housing finance agencies, look for city funding beyond low-income housing tax credits and bonds, build public-private partnerships, start an affordable housing accelerator fund, and use technology for sharing information across affordable housing stakeholders.