Saturday Sep 14, 2024

Kamala’s Affordable Housing Plan: The Good, the Bad, and the Reality

Welcome to a new episode of Get Creative! In this episode, we dive deep into Kamala Harris's newly announced Affordable Housing Plan. We'll walk through her promise to build 3 million affordable homes, the introduction of tax incentives, and the expansion of low-income housing credits. We’ll discuss whether these ideas are practical and if they can really address the housing affordability crisis. You’ll hear critiques on key proposals like cutting red tape and utilizing federal land, plus insight into the realities developers face in trying to make this plan work. This episode is a mix of hope, skepticism, and some hard truths about the housing market today.

Highlights:

"Tax credits sound great, but what developers need are real dollars."

"Cutting red tape? That’s historically not what Democrats do."

"Building affordable housing isn’t just about plans—it's about government action."

"$25,000 in down payment assistance sounds good, but where’s that money coming from?"

Timestamps:

0:00 - Kamala Harris's Affordable Housing Plan

0:27 Tax Incentives and Low-Income Tax Credits

2:00 Federal Land for Building and Cutting Red Tape

5:33 Challenges with Government-Built Housing

7:25 Government's Role in Housing and Final Thoughts

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Kamala’s Affordable Housing Plan: The Good, the Bad, and the Reality

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