Former Vice President Joe Biden has vowed to 'rebuild the middle class and ensure that this time, everyone comes along.'
Democratic presidential candidate and former Vice President Joe Biden has unveiled a $640 billion plan to bring affordable housing to residents across the United States.
The plan includes tax credits that would benefit first-time homebuyers and low-income renters, while also providing more government assistance to the renters who need it most.It would also seek to end"redlining and other discriminatory and unfair practices in the housing market," in addition to"pursuing a comprehensive approach to ending homelessness."
At present, Biden's campaign team said,"tens of millions of Americans spend more than 30% of their income on housing—leaving them with nowhere near enough money left over to meet other needs, from groceries to prescription drugs. And, tens of millions of Americans live in homes that endanger their health and safety."
On his first day in office, the former vice president would also direct his housing and urban development secretary to start a task force of mayors and other local elected officials aimed at addressing homelessness. Biden would also support California Rep. Maxine Waters' $13 billion Ending Homelessness Act.
The Vermont Sen. would also seek to make rent affordable by making Section 8 vouchers available to all families eligible without the use of a waitlist. He would also seek to"combat gentrification, exclusionary zoning, segregation and speculation," according to his campaign platform, while also fighting to"end homelessness and ensure fair housing for all."
"Mike will make homelessness a national priority—and double federal spending on homelessness from under $3 billion to $6 billion annually," his platform states. The former New York mayor would also"guarantee housing vouchers to all Americans at or below 30% of the area median income."
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