Rep. Alexandria Ocasio-Cortez and Sen. Tina Smith introduced the HOMES Act, aiming to build over a million permanently affordable homes for low- and middle-income households.
The HOMES Act suggests that 40% of the new homes would be reserved for extremely low-income residents, 30% for low-income households, and 30% for middle-income households.
Gianpaolo Baiocchi emphasized the importance of middle-income tenants in social housing for financial viability and combating segregation, building community support for such developments.
Ocasio-Cortez pointed out that discussions often overlook who will construct new housing, highlighting the necessity for local entities to manage these affordable homes.
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