Introduced by Senator Elizabeth Warren & Congressman Emanuel Cleaver.
A summary from Boston.com:
tl;dr:
A summary from Boston.com:
![www.boston.com](https://bdc2020.o0bc.com/wp-content/uploads/2024/07/s3___bgmp-arc_arc-feeds_generic-photos_to-arc_turner061124BIZ11warren149-66a9417f4a00b-768x432.jpg)
Warren introduces new bill targeting the housing crisis
The legislation would invest hundreds of billions of dollars into creating new housing and helping low-income and middle-class families, Warren said.
www.boston.com
tl;dr:
By far the largest investment would be $445 billion into the housing trust fund, which distributes grants aimed at creating more housing and preserving existing homes. [...] Through a new grant program, $10 billion would be allocated for infrastructure spending in communities that ease zoning rules that restrict housing development. [...] About $25 billion would be put into a fund that would be “leveraged 10:1 with private capital” to build hundreds of thousands of new homes. Another $70 billion would be invested in the Public Housing Capital Fund.