Sen. Elizabeth Warren talked up her proposal to radically reinvest in public housing while addressing past predatory lending and selling practices that kept African-American families out of homes.
“In the same way that we think about health care, as a basic human right, having a decent and safe place to live should be a basic human right,” Warren said.
Last week, she introduced a proposal inspired by her own legislation, the American Housing and Economic Mobility Act.
Among its provisions are proposals that would reduce rent and more strictly regulate leasing companies.
Warren, as she has on the stump now for months, also dug into the racial wealth gap that’s was exacerbated by federal policies commonly described as “redlining.”
“This bill tackles that head on,” she said. “And it says for people who are living in formerly redlined areas there are going to be some special assistance for first-time home buyers, for people who got cheated in the run-up to the housing crash and lost their homes. Some special assistance for folks to get that first home” and begin building generational wealth.