OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Congress Needs to Address the Housing Crisis

Floor Speech

By: Ro Khanna
By: Ro Khanna
Date: Jan. 11, 2024
Location: Washington, DC

BREAK IN TRANSCRIPT

Mr. KHANNA. Mr. Speaker, we have a housing crisis in this country. People are struggling to afford rent, and many can't even think of buying a house.

Basic housing is an economic and human right.

Here are five things we must do:

First, we need 7 million new housing units to fill the gap and a $445 billion investment in the housing trust fund.

Second, we need to pass my Stop Wall Street Landlords Act to help prevent Wall Street from buying up single-family homes.

Third, we need to provide down payment assistance for first-time homebuyers.

Fourth, we need to--as Representative Cori Bush called for--provide protection for tenants and provide financial assistance before tenants get evicted.

Finally, we need to provide grants for neighborhood stabilization, like the culinary union did, so rent doesn't increase beyond inflation.

We need to address the Housing crisis.

BREAK IN TRANSCRIPT


Source
arrow_upward