Posted on 10/28/2021 1:30:34 PM PDT by ChicagoConservative27
President Biden climate and social services bill is expected to include $150 billion for affordable housing creation and financial assistance, elating supporters who feared it would be cut from the package.
The White House on Thursday released a framework for Biden’s “Build Back Better Act,” the roughly $1.75 trillion budget reconciliation package, that included billions of dollars meant to put 1 million affordable homes on the market and help thousands of Americans find stable housing.
The housing component was cut down significantly from the $327 billion Democrats initially sought. Even so, the bill would still spend more than three times the current budget of the Department of Housing and Urban Development (HUD) on what housing advocates call an unprecedented step toward tackling an affordability crisis.
(Excerpt) Read more at thehill.com ...
Should we be happy that the bill is now only $1.75 trillion instead of $3.5 trillion?
Geez, Joe. Give the damn taxpayer a break. Not everyone is able to poop on a canvas and sell it as ‘art’ for $150,000. We have to work to make ends meet.
We need more affordable housing called PRISONS 🤪
Cabrini Greens for everyone!!
Nope, they're going in middle class suburbs, like Trump said, Biden will ruin the suburbs.
More likely rent subsidies to corporate single family home owners. Section 8 next door, basically.
Well since it has to be built by union labor it may not happen in my lifetime.
President Biden climate and social services bill is expected to include $150 billion for affordable housing creation
I just hope Karen lives on both sides.
Karen is probably IN the Section 8 housing.
Every time they build “affordable housing” housing gets more expensive, including affordable housing.
Seems to me that anywhere they put “affordable housing” it drives the price up in the area.
“Framework” does not mean they have an actual finalized bill that will pass. There is still a lot on infighting going on among the Democrats. The announcement of a “Framework” is just an attempt to give other world leaders the impression that Biden has actually accomplished something as he travels to Europe to meet with them.
Let me guess, Pelosi and Feinstein’s Husbands build affordable housing. I purposely left off the question mark.
Don't need that. FedGov can just rent all those houses that Blackrock has been buying up. They won't be for Americans of course. This is for all the new "migrants" aka illegal aliens.
If anyone doesn’t see the Great Replacement or Great Reset in EVERYTHING yet, you need to.
Will they be like the $575,000 dollar apartments like californicate is building for the homeless?
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