April 22, 2021

Boston Globe: Warren joins push for more housing help from DC, seeking nearly $500 billion for 3 million new homes

Add Senator Elizabeth Warren to the growing list of Washington Democrats urging federal help to tackle a housing crunch that’s affecting Greater Boston and many other places across the United States.

The Massachusetts Democrat on Thursday proposed a nearly $500 billion package of legislation that she said would help fund 3 million new homes nationwide, new supply that could help reduce rents for lower- and middle-class families by 10 percent.

“The cost of housing is squeezing American families in communities all across the country — rural, suburban, urban — whether they’re struggling to pay rent or trying to buy a home,” Warren said in a statement. “It’s time to stop nibbling around the edges and, instead, pass this big, bold proposal to solve our housing crisis and take steps to address the legacy of housing discrimination.”


Read the full article here.

By:  Tim Logan
Source: The Boston Globe