Memo: Joe Biden's 2020 Housing Policy

By Henry Kraemer

Key Points

  • Prioritizes direct financial assistance to ensure no family pays more than 30% of their income for shelter.

  • Commits up to $300 billion to new construction of affordable housing.

  • Pursues equitable zoning and other climate-friendly housing reforms that make Americans’ home and transportation choices more affordable and less carbon intensive.

  • Moves federal homelessness policy and financial support toward the proven “housing first” model.

  • Establishes regulations to protect Americans from racist institutions and predatory companies.

  • Includes the baseline elements of all Democratic 2020 housing proposals.