Vice President Kamala Harris called for the construction of 3 million new homes that are affordable to middle-income families.
During a campaign speech in battleground North Carolina on Friday, the presidential candidate also said her administration would boost first-time home buyers with $25,000 to help with a down payment on a new home.
The housing proposals were part of a broader economic plan that she has begun to unveil in the days before the Democratic National Convention.
A defining goal of her presidency, Harris said, would be building up the middle class. In the weeks ahead, she said, she will provide more details on how she plans to build what she calls an “opportunity economy.”
In North Carolina, she touched upon the need to lower the cost of living and make housing more affordable.
“I know what homeownership means,” Harris said. “It’s more than a financial transaction. It’s so much more than that. It’s more than a house. Homeownership and what that means—it’s a symbol of the pride that comes with hard work. It’s financial security. It represents what you will be able to do for your children. And, sadly, it is out of reach for far too many American families.”
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