Elizabeth Warren doubles down on affordable housing legislation

Source: Diana Budds, Curbed.com

Sen. Elizabeth Warren (D-MA) doubled down on her strategy to fix America’s housing crisis. Along with Rep. Cedric Richmond (D-LA) and Rep. Gwen Moore (D-WI), she introduced the American Housing and Economic Mobility Act to the House, a companion to a Senate bill Warren introduced in September.

The bill would create three million new housing units, improve access to affordable housing through anti-discrimination laws, and invest in families living in historically redlined communities. Independent analysis of the bill predicts that it will create 1.5 million jobs and bring rents down, on average, by 10 percent.

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