Sen. Todd Young addressing housing issues

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(Official U.S. Senate photo by Rebecca Hammel)

Republican Indiana Senator Todd Young emphasized the need for Congress to pass the “Affordable Housing Credit Improvement Act” when he spoke in a Senate Finance Committee meeting Thursday.

He introduced that legislation along with Democrat Senator Maria Cantwell of Washington. Young believes this bill would expand and strengthen the nation’s most successful affordable housing program to help combat the problems brought on by inflation.

“I have to tell you, as I travel across the state of Indiana, I hear from every community about the importance of affordable housing and about the challenges they are experiencing right now,” said Young.

Young says this legislation would expand and strengthen the nation’s most successful affordable housing program-the Low Income Housing Tax Credit (LIHTC)-to address that shortage by building more than two million new affordable units over the next decade.

“We can rally around solving difficult challenges together. This housing affordability crisis, it’s striking how it impacts various demographic groups, geographic areas. It doesn’t really seem to discriminate a lot. The brunt of this crisis falls on a diverse population. It’s so important we support programs and ideas that meet the needs of these varied communities,” said Young.

3 COMMENTS

  1. Toad Young continues to miss the point. Affordable housing can be had if the government would only get out of the way and stop micromanaging EVERYTHING. Hey Toad, please cite m=for me the exact passage form Article I of the US Constitution that gives congress any authority over housing. Toad Young is an oath avoiding RINO.

  2. Government money makes things more expensive, every single time. Things government does not subsidize get less expensive over time, and things that they heavily subsidize (college and healthcare) skyrocket in price.

    On top of which, tax incentives don’t make anything cheaper, they just make everyone else pay for it!

    How about we ban Blackrock and China from buying single family homes and land in America? That might actually work…

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