Improving Housing in America

Floor Speech

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Mr. PAYNE. Mr. Speaker, I rise today to praise President Biden's work to improve housing in America.

The President's leadership in this area has led to lower housing costs, expanded rental assistance, and increased affordable housing nationwide.

Now, the President wants to implement the most consequential housing plan in 50 years in this country. It would provide a $10,000 tax credit for first-time home buyers and people who sell their starter homes. It would build and renovate more than 2 million homes.

The plan would crack down on corporate actions that rob renters, and it would provide rental assistance for hundreds of thousands of families, veterans, and youth leaving foster care.

It is a bold plan that would benefit millions of Americans, and I am proud to support it on the House floor today.

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