Rep. Ilhan Omar unveils 12 million unit "Homes for All" plan
Homes For All
United States Representative Ilhan Omar has unveiled a new piece of legislation that seeks to reinvigorate public housing construction across the country by building 12 million new public and affordable housing units over the next decade.
The so-called “Homes for All Act” unveiled this week would bring a whopping $1 trillion in federal funding for the construction of these new units and would also establish a permanent federal funding steam to ensure housing affordability in the United States, according to The Star Tribune. As proposed, $800 million of the overall total would go toward the construction of 9.5 million new public housing units while the remainder will be used to finance a federal Housing Trust Fund used to fuel the construction of 2.5 million new affordable housing units by nonprofit and municipal entities, The Huffington Post reports.
Antonio Pacheco via Archinect - News http://bit.ly/2pDxZoM
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