House Democrats Release Sweeping Infrastructure Plan, Would Invest $100 Billion in Affordable Housing

House Democrats released on June 18 the “Moving Forward Act,” a $1.5 trillion infrastructure package. In addition to investing substantially in repairing the nation’s roads and bridges and improving broadband access, the bill proposes $100 billion to construct and preserve 1.8 million affordable homes, through $70 billion for public housing capital repairs and $5 billion for the national Housing Trust Fund, among other things.   

The bill builds on the “INVEST in America Act” (HR 2), introduced on June 11 by Representative Peter DeFazio (D-OR). In addition to the proposed $100 billion for affordable housing, the bill would expand the Low-Income Housing Tax Credit by creating targeted housing incentives to build homes in rural and tribal communities and for people at risk of homelessness. The bill would also establish a Neighborhood Investment Tax Credit to subsidize certain development costs for the construction of new homes or rehabilitation of vacant homes. Other provisions focus on maintaining affordability requirements, like requiring homes be owner-occupied.  

Read a fact sheet on the bill at:  

Read House Ways and Means Committee Chair Richard Neal’s (D-MA) press statement on the “Moving Forward Act” at: