Last updated October 23, 2026
AEI Housing Center

New Home Bonus Explorer

A companion to the Starter Home Explorer.

388,000additional new homes per year under Greenlight Starter Homes
237,000of them are new starter homes
142,000affordable homes freed up when buyers of all 388,000 move out (106,000 from starter homes, 36,600 from higher-priced homes)
379,000New Home Bonus: naturally occurring affordable homes (NOAH) per year
1 · New Home Bonus
Hover any box or band for details.
Naturally occurring affordable home (NOAH) Not NOAH New homes built
2 · Who buys the new homes

Who buys the new homes, and where they lived before

The households that buy the new homes, and where they lived before.
Hover any box or band for details; click a group to highlight it.
3 · The homes they leave

The homes buyers leave: Freed Starter Homes and Freed Rentals at or below FMR

The homes the buyers left behind. Green bars are the NOAH Dividend.
Hover any bar for details.
4 · Who gets the NOAH dividend

Who moves into the freed homes: next owners of Freed Starter Homes and next renters of Freed Rentals at or below FMR

Freed starter homes go to their next owners; freed rentals go to their next renters.
Hover any box or band for details; click a group to highlight it.
How the next tenants are matched
    Rentals starter-home buyers leftACS recent movers, before weightingACS recent movers, after weighting
    Rent paid
    County median household income where they live
    5 · State map

    Every state under Greenlight Starter Homes

    Click a column to sort; × removes it. The map's measure is always shown.