Please consider The Kamala Harris Plan for More Housing Shortages A signature feature of Kamala Harris’s housing plan is providing first-time home buyers with $25,000 in down-payment support, at a total cost of $100 billion over four years.
The National Low Income Housing Coalition discusses the Harris Campaign Plans to Lower Housing Costs.
To address the housing shortage and bring down prices for renters and homeowners alike, the Harris campaign’s plan calls for a historic expansion of the Low-Income Housing Tax Credit (LIHTC) and the first-ever tax incentive for homebuilders who build starter homes sold to first-time homebuyers.
The campaign plan cites the Biden-Harris administration’s ongoing actions to support the lowest-income renters, including its actions to expand rental assistance for veterans and other low-income renters, increase housing supply for people experiencing homelessness, enforce fair housing laws, and hold corporate landlords accountable.
Let’s now discuss the Harris plan to “increase housing supply for people experiencing homelessness“ Harris did not put a cost to that.
That’s exactly what Harris proposes, following the lead of AOC.
Building upon the Biden-Harris administration’s proposed $20 billion innovation fund, the campaign proposes a $40 billion fund that would support local innovations in housing supply solutions, catalyze innovative methods of construction financing, and empower developers and homebuilders to design and build affordable homes.
https://mishtalk.com/economics/the-kamala-harris-plan-to-create-more-housing-shortages/
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