$100 billion proposed for US housing crunch

US-POLITICS-HARRIS

Two democratic lawmakers hope $100 billion will fix the nation's housing crunch. $70 billion of the funding contained in Sen. Kamala Harris' and Rep. Maxine Waters' bill would go toward repairs and upgrades to federally subsidized housing.

According to a 2018 HUD report, 10,000 public housing units are lost each year due largely to poor maintenance. Additional legislation introduced by Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez would pay for energy and water efficiency upgrades for apartment buildings.

The availability of affordable housing hasn't kept pace with demand, especially in California, MarketWatch reports.

Photo: Getty Images

The Joe Pags Show

The Joe Pags Show

The Joe Pags Show originates from 1200 WOAI in San Antonio and can be heard on affiliate stations around the country and on the iHeartRadio app. Get his official bio, social pages, articles and more online! Read more

title

Content Goes Here