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Democratic presidential candidate Pete Buttigieg unveils sweeping housing plan

Posted by   /  February 21, 2020  /  No Comments

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By Ben Lane | HousingWire

With the Nevada Caucus just a few days away, things should soon begin to get a little clearer in terms of who the real frontrunner is for the Democratic nomination for president. 

Current odds place Sen. Bernie Sanders, I-VT, as the favorite, although former New York City Mayor Mike Bloomberg appears to have some momentum, securing a place on the stage for Wednesday night’s Democratic debate in Las Vegas.

Both Sanders and Bloomberg have released housing policy plans, with Bloomberg’s coming earlier this week

Bloomberg’s plan is making waves in housing because his plan calls for Fannie Mae and Freddie Mac to be merged into one company that would be fully owned by the government.

But Bloomberg wasn’t the only candidate to release a sweeping plan this week that would significantly impact the housing business.

This week, South Bend Mayor Pete Buttigieg unveiled his own housing plan, which is titled “Coming Home: An Agenda for Housing Justice in America.”

Buttigieg’s plan calls for increased affordable housing, ensuring “equal access to an affordable 30-year, fixed-rate mortgage for working families,” and combatting “discrimination and predatory practices in housing and housing finance,” among other tenets.

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