Build Millions of Homes

We are in the middle of a national housing crisis, and we are facing it hardest in San Francisco. The median home in our city now costs $1.4 million and rents are 70% higher than the national average. San Francisco should be a city where everyone who works here can afford to live here.

In Congress, I will propose legislation for a national housing plan to build millions of new homes across the country, including tens of thousands in San Francisco. This legislation will provide federal funding and technical assistance to cities that quickly approve new housing projects. Cities that have pursued similar plans, such as Austin and Minneapolis, have shown that these reforms result in lower rents and housing prices.

But I know that cutting red tape isn't enough. That's why I have a plan for a public financing entity that will directly finance affordable housing that the private market won't build on its own — including starter homes and low-income housing.

I will also fight for massive federal investments in public housing. I will vote to repeal the Faircloth Amendment, which blocks the government from building new public housing, and advocate for funding to double the number of public housing units across the country. Many countries around the world, including Austria, Singapore, and Finland, build incredibly high quality social housing. We can do that in San Francisco too.