The Green New Deal for Public Housing Act was reintroduced on Thursday after beingin April 2021 during the previous Congress. The bill would authorize $162 billion to $234 billion over the next 10 years to enhance and expand public housing with climate change-centric policies. The bill is part of Ocasio-Cortez’s and other progressive Democrats’ push for climate initiatives under the Green New Deal proposal.
“What’s broken policy is relying solely on the market and solely on billionaires in order to produce and extort everyday people of every dime that we have, in charging the highest rent possible,” Ocasio-Cortez said. “A different world is not only possible; a different world is arriving today.” “In these difficult times, we must move forward boldly to address the systemic and existential crises facing us today, and that includes urgently combating climate change and making sure every American has a safe and decent place to call home,” Sanders said.
Source: Real Estate Daily Report (realestatedailyreport.net)
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