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Affordable Housing in the Economic Stimulus package

HomeAffordable Housing PodcastAffordable Housing in the Economic Stimulus package

Congress could approve an economic stimulus package that would include many billions of dollars for affordable housing.

Substantial investment in affordable housing constitutes economic stimulus that would create not only housing but jobs. In California alone, there are more than 32,000 shovel ready affordable homes that could be started this year, leading to the creation of an estimated 37,000 badly needed jobs. Matt Schwartz, President of the California Housing Partnership Corporation, explains the provisions in the stimulus package that would be most beneficial for affordable housing and asks all advocates to contact their representatives and senators as soon as possible to ask that these funding measures be included.

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