Representative Ritchie Torres (D-NY) led 106 of his colleagues in a letter to House Speaker Nancy Pelosi (D-CA) and House Minority Leader Kevin McCarthy (R-CA) urging the inclusion of affordable housing resources in the upcoming infrastructure package. The letter calls for the HoUSed campaign’s top priorities to be included in the bill: multi-year, mandatory funding for housing vouchers to pave the way to universal housing assistance; at least $70 billion to address the capital repair backlog in public housing; and $45 billion for the national Housing Trust Fund to construct and preserve housing affordable to the lowest-income people
The letter notes these three proposals should be considered “a minimum” investment, and that Congress should make additional investments in the construction and preservation of affordable housing in Tribal and rural areas; fund lead abatement and healthy home initiatives; and provide homeownership assistance for historically marginalized people.
“Without proportional affordable housing investments, there is no path for an equitable recovery and long-term financial stability for low- and middle-income American families,” write the representatives. “If we fail to act now, our nation’s economic growth will continue to be held back.”
Read the letter at: https://tinyurl.com/kvx3y4z7