Take a minute and read though Elizabeth Warren’s housing plan which addresses supply, land use, parking minimums, and the continuing impact of redlining on Black communities.
I’ll tell you what, it’s rad to see a legit presidential candidate talking about land use and parking.
But there’s another driver of expensive housing costs: some state and local zoning rules needlessly drive up the cost of construction. These aren’t necessary rules that protect the environment or ensure that homes meet safety codes. These are rules like minimum lot sizes or mandatory parking requirements. These kinds of rules raise the costs of building new housing and keep families from moving into areas with better career and school choices. My bill gives state and local governments a real incentive to eliminate these unnecessary rules.
My housing bill takes a first step by creating a first-of-its-kind down-payment assistance program. The people eligible for assistance must be first-time homebuyers who live in a formerly redlined neighborhoods or communities that were segregated by law and are still currently low-income If they qualify, they are entitled to a substantial grant they can put towards a down payment on a home anywhere in the country.