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senate Bill S. 787

Should the Feds Spend $50 Billion Per Year to Subsidize Rental Construction & Land Use Reforms?

Argument in favor

America’s housing affordability crisis affects both renters and homebuyers. Creating a larger stock of housing, lowering the cost of new housing developments, requiring financial institutions to extend credit to low- and moderate-income households and addressing the legacies of discriminatory federal housing policies are all needed to fix this problem.

jimK's Opinion
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10/26/2019
Housing is an issue in many areas; particularly those with disenfranchised communities. This bill helps to give disenfranchised people the opportunity to pursue the ‘American Dream’; something that all of our people should have the opportunity to pursue. If this is done properly, it should pay for itself through contributions to future tax revenues. The bill should also lower housing costs for lower and middle income families, freeing resources for quality family time and the pursuit of improved income opportunities. At first, I was hesitant to support the funding required but, after some thought, the funding appears to be a realistic investment in the future, albeit with some risk.
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Sheila's Opinion
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10/26/2019
I support this bill. If employers wages had kept up with inflation everyone would be earning $25-$30 per hour. As it is, without government assistance you cannot rent an apartment anywhere in the US on a minimum wage job and pay utilities as well as eat. We need to stop feeding the corporate gods and paying CEO’s millions in bonuses and put that money into the workers pockets. Until we do affordable housing is a must!
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···
10/26/2019
Money well spent. When people are content with their life (i.e., housing, jobs, etc.) will bring happiness to many families and therefore improve productivity. Thx
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Argument opposed

This legislation is going to be extremely expensive and it’s not clear that it’ll work as intended. Using grants to incentivize zoning law changes, gentrification, and actually hurting the communities that this bill attempts to help. Some also argue it’s essentially reparations — which are incredibly divisive as an idea — without that label.

AmericaIsARepublic's Opinion
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10/26/2019
No! You’re broke! Stop stealing taxpayer money! The free markets will solve all issues better than thieving bureaucrats ever could.
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ManfromNebraska's Opinion
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10/27/2019
Less government not more! Lower taxes and spending!!!
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JTJ's Opinion
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10/26/2019
I wonder if Elizabeth Warren balances her own checkbook? She obviously can’t count.
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bill Progress


  • Not enacted
    The President has not signed this bill
  • The house has not voted
  • The senate has not voted
      senate Committees
      Committee on Finance
    IntroducedMarch 13th, 2019
    Housing is an issue in many areas; particularly those with disenfranchised communities. This bill helps to give disenfranchised people the opportunity to pursue the ‘American Dream’; something that all of our people should have the opportunity to pursue. If this is done properly, it should pay for itself through contributions to future tax revenues. The bill should also lower housing costs for lower and middle income families, freeing resources for quality family time and the pursuit of improved income opportunities. At first, I was hesitant to support the funding required but, after some thought, the funding appears to be a realistic investment in the future, albeit with some risk.
    Like (78)
    Follow
    Share
    No! You’re broke! Stop stealing taxpayer money! The free markets will solve all issues better than thieving bureaucrats ever could.
    Like (40)
    Follow
    Share
    I support this bill. If employers wages had kept up with inflation everyone would be earning $25-$30 per hour. As it is, without government assistance you cannot rent an apartment anywhere in the US on a minimum wage job and pay utilities as well as eat. We need to stop feeding the corporate gods and paying CEO’s millions in bonuses and put that money into the workers pockets. Until we do affordable housing is a must!
    Like (48)
    Follow
    Share
    I wonder if Elizabeth Warren balances her own checkbook? She obviously can’t count.
    Like (21)
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    Share
    Less government not more! Lower taxes and spending!!!
    Like (21)
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    Share
    Money well spent. When people are content with their life (i.e., housing, jobs, etc.) will bring happiness to many families and therefore improve productivity. Thx
    Like (16)
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    Will you make sure not to build In floodplains?
    Like (15)
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    👎🏻 HECK ‘NO” SENATOR WARREN. A WASTE OF FEDERAL FUNDS 👎🏻 This legislation is going to be extremely expensive and it’s not clear that it’ll work as intended. Using grants to incentivize zoning law changes, gentrification, and actually hurting the communities that this bill attempts to help. Some also argue it’s essentially reparations — which are incredibly divisive as an idea — without that label. Sneaky Pete. 👎🏻👎🏻👿👎🏻👎🏻. 10.26.19
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    Yes, this is called money for an actually useful cause - employers should have kept up with inflation, because if they had, we would have an actually livable minimum wage.
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    No for a simple reason the politicians are the ones that will be making the money let private developers ...build the needed housing..keep the Government out of business...they can’t run the government efficiently ..
    Like (11)
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    Time to house the homeless.
    Like (11)
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    Yes, but a better idea is to pay workers a livable wage. If you work 40 hours/week you should be able to pay rent, buy groceries, and pay utilities without getting another job.
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    No more subsidies until we get our budget under control!
    Like (10)
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    WHAT A NOVEL IDEA 💡! Helping people!! YUP
    Like (9)
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    America is broke! We cannot afford such absurdity!!! Make the laws for equal housing and prevention of “slum lords” and actually enforce these laws!!!
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    We need to pay down our debt!!
    Like (8)
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    Vote No. Every time the federal government subsidizes something that becomes a forever program. The market will determine where we put rental housing and how much it cost. Vote no.
    Like (8)
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    Government has no place in housing development. Plus, how are we supposed to pay for this?
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    Yes, but no. Yes we need to get people off the streets and into affordable housing. No, the taxpayers should not have to subsidize the housing if we simply decrease the wage gap between the top and the bottom with a balance for percentage.
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    Not the responsibility of the federal government
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