According to Politico, New York Rep. Alexandria Ocasio-Cortez plans to bring back the “Green New Deal” terminology in a new housing bill scheduled to be released on Thursday.
Ocasio-Cortez is expected to unveil the Green New Deal for Housing along with Sen. Bernie Sanders (R-Vt.), who is sponsoring the bill in the Senate. He said the bill would primarily focus on public housing, arguing that private housing is no longer a reality for many Americans.
“For a long time, we’ve had tax breaks here and there to say, ‘We have great housing policy,'” Ocasio-Cortez told Politico. “And everyday people… were supportive because they still had the dream and the thought of, ‘I’m going to buy a house soon… It’s in my sights.'” Now we have a whole generation. They are on the verge of becoming the most powerful and largest electorate, but that is decades away. ”
The bill’s central change is to repeal the Faircloth Amendment, which for decades has prevented the Department of Housing and Urban Development from funding new public housing.
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According to Politico, Rep. Alexandria Ocasio-Cortez (D-N.Y.) plans to bring back the “Green New Deal” terminology in a new housing bill scheduled to be released on Thursday.
Ocasio-Cortez added: “You can’t have a housing conversation without a conversation about public housing.” “We Americans have been living under the scourge of the Faircloth Amendment for decades, which fostered and contributed to the housing crisis we live in today. A major part is the supply issue.”
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The bill comes several years after Ocasio-Cortez’s first attempt at a Green New Deal, which sought to reshape the conversation around clean energy use and emissions in the United States. In her latest endeavor.
Representative Alexandria Ocasio-Cortez is set to unveil a Green New Deal for Housing with Senator Bernie Sanders (pictured), who is introducing the bill in the Senate. (Chip Somodevilla/Getty Images)
President Biden’s administration wished the effort success in a statement Thursday, but declined to approve the bill.
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“As he said in his State of the Union address and this week’s address in Nevada, President Biden is committed to lowering the cost of housing for both owners and renters,” a White House spokesperson said when asked about the bill. he told Politico at the time. “We welcome ideas from members of Congress to build on our strong policies.”
President Biden’s administration wished the effort success in a statement Thursday, but declined to approve the bill. (Saul Loeb/AFP via Getty Images)
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Ocasio-Cortez and Sanders are scheduled to announce the bill at an event at the Capitol later Thursday.
