Bowman demands rents capped, AOC introduces Green New Deal for housing

The proposal would invest up to $234 billion over 10 years in public housing and repeal the Faircloth Amendment which limits public housing units  ‘It is plantation capitalism, to have someone paying 40, 50, 60 percent of their salary towards rent,’ said Bowman By Morgan Phillips, Congress Reporter On Capitol Hill For Dailymail.Com Published: 15:04 EDT, 21 March 2024 | Updated: 16:35 EDT, 21 March 2024 Progressives led by Rep. Alexandria Ocasio-Cortez are re-launching a ‘Green New Deal’ for public housing to address ‘environmental injustices’ in low-income housing.  The proposal would invest up to $234 billion over 10 years in public housing and repeal the Faircloth Amendment. The Faircloth Amendment prevents any net increase in public housing units beyond 1999 levels – 1.8 million.  The proposal ‘would bring public housing down to zero carbon emissions while creating 280,000 jobs. In the era of government neglected demolition and privatization of our public housing stocks,’ according to Ocasio-Cortez.  ‘Broken policy is relying solely on the market and solely on billionaires in order to produce and extort everyday people of every dime that they have in charging the highest rent,’ the congresswoman added in a news conference Thursday. ‘A different world is not...