Affordable Housing Mentioned in Democratic & Republican Party Platforms
THE RECENTLY ADOPTED DEMOCRATIC NATIONAL COMMITTEE 2020 PLATFORM AND THE PLATFORM APPROVED BY REPUBLICAN NATIONAL COMMITTEE IN 2020 BOTH ADDRESS HOUSING. THEIR APPROACHES TO SUPPORTING AFFORDABLE HOUSING, HOWEVER, ARE DRAMATICALLY DIFFERENT.
2020 Republican Platform
The 2020 Republican National Convention did not adopt a new platform. Instead, they re-adopted the 2016 platform and will not adopt a new platform until 2024. As a result, the platform approved by the 2020 Convention does not address the current COVID-19 crisis or any of the Trump administration’s policies. Instead, the platform re-commits to the party’s 2016 goals and policies. The party platform includes incentives for homeownership, regulatory changes and minimizing the federal role in zoning decisions. Selected quotes from the party platform include:
“More than six million households had to move from homeownership to renting. Rental costs escalated so that today nearly 12 million families spend more than 50 percent of their incomes just on rent. The national homeownership rate has sharply fallen and the rate for minority households and young adults has plummeted. So many remain unemployed or underemployed, and for the lucky ones with jobs, rising rents make it harder to save for a mortgage.”
“Our goal is to advance responsible homeownership while guarding against the abuses that led to the housing collapse. We must scale back the federal role in the housing market, promote responsibility on the part of borrowers and lenders, and avoid future taxpayer bailouts. Reforms should provide clear and prudent underwriting standards and guidelines on predatory lending and acceptable lending practices. Compliance with regulatory standards should constitute a legal safe harbor to guard against opportunistic litigation by trial lawyers.”
“Zoning decisions have always been, and must remain, under local control. The current Administration is trying to seize control of the zoning process through its Affirmatively Furthering Fair Housing regulation. It threatens to undermine zoning laws in order to socially engineer every community in the country. While the federal government has a legitimate role in enforcing non-discrimination laws, this regulation has nothing to do with proven or alleged discrimination and everything to do with hostility to the self-government of citizens.”
2020 Democratic Platform
The 2020 Democratic Platform includes various policies to support affordable housing and eliminate racial disparities in housing. It promises to address the impact of the COVID-19 crisis on housing affordability and stop the eviction crisis. The platform acknowledges the systemic and historic racism in housing policy and builds policies to end housing discrimination. The solutions in the platform include additional funding for the national Housing Trust Fund and public housing program so that more individuals can access affordable housing. Selected quotes from the party platform include: