Affordable Housing for All

Today, nearly 11 million families are paying more than 50 percent of their income on housing. The unfortunate reality is that when most of their income is going towards their rent or their mortgage, millions of everyday Americans are forced to go into debt just to make ends meet for basic necessities like food, healthcare, and education. While working families continue to get their pocketbooks stretched in today’s economy, corporate monopolies scored $2 trillion in record profits in the third quarter of 2022.

Even worse, there is virtually no city or community where a full-time minimum-wage worker can afford a decent, two-bedroom apartment. On top of that, too many families with good credit still find the path to sustainable homeownership closed. And too many communities are in distress, with abandoned buildings and poverty cutting entire neighborhoods off from jobs, from commerce, and from hope. Gen-Z deserves housing policies that connect working families to economic opportunity. We must:

Revitalize public housing by investing in the repair, decarbonization, and building of current and new public housing.
Curb skyrocketing rental costs in areas of opportunity.
Increase funding for the Indian Housing Block Grant program.
Support counseling programs for the significant financial commitment of homeownership.
Ensure that public housing has quality, shared community spaces.
Guarantee access to broadband for all public housing.
Enforce fair housing and fair lending laws.
Incentivize development in new hubs of economic growth.
Match up to $10,000 in savings for working families to put towards a down payment on a first home.

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