Democrats Introduce $300B Investment to Treat Housing as Human Right

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Democrats Introduce $300B Investment to Treat Housing as Human Right
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'In the richest country in the world, it is a moral imperative that we take this issue head-on,' said Rep. Pramila Jayapal.

would invest more than $200 billion in affordable housing and support services, $27 billion annually for services for unhoused people, and $100 million per year for community-driven alternatives to people experiencing homelessness."Housing is a human right, and nobody in the world should be without a place to call home, especially not in America," said Meng .

Even in more affordable cities renters are spending more, with the average monthly rent in Cincinnati, Ohio costing 19.4% of the average monthly income—up from 18.4% last year. In Birmingham, Alabama, renters spend an average of 22.2% of their income on housing. "As costs have risen and the minimum wage has stagnated, it would take the average minimum wage worker more than 96 hours of work per week to afford a two-bedroom rental," noted Jayapal .

The shrinking stock of affordable housing is linked to the crisis of homelessness, which more than half a million people in the U.S. experienced in 2022—up by 3% from 2020. "The crisis of housing instability is one that can be fixed by investing in housing infrastructure and supportive services for vulnerable communities," said Jayapal.

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