Housing Affordability

Housing Affordability Bill Introduced in the US Senate

On September 26, 2018, Senator Elizabeth Warren (D-MA) introduced S. 3503, the American Housing and Economic Mobility Act, which seeks to “help bring down costs for renters and buyers and level the playing field so working families everywhere can find a decent place to live at a decent price." The bill would invest $445 billion in several existing programs including the National Housing Trust Fund, the Capital Magnet Fund, the Indian Housing Block Grant, and in rural housing programs, as well as create a new “Middle Class Housing Emergency Fund.”