CLPHA Applauds Biden’s Announcement of $150 Billion for Affordable Housing in Build Back Better Reconciliation Framework

(Washington, D.C.) October 28, 2021 -- Council of Large Public Housing Authorities (CLPHA) Executive Director Sunia Zaterman released the following statement applauding President Joe Biden’s Build Back Better announcement this morning:

“The Council of Large Public Housing Authorities applauds President Biden’s announcement of a $1.85 trillion reconciliation framework with $150 billion targeted to affordable housing, the single largest investment in public housing ever.

“For decades, millions of public housing residents have suffered from chronic disinvestment in their neighborhoods, exacerbating health, safety, climate risks, and racial inequities. The Build Back Better Act is historic and transformational in its comprehensive long-term approach by making public housing safe and sustainable for generations to come and significantly expanding rental and homeownership assistance. Stable, affordable housing is foundational to the health and economic well-being of all Americans and to our nation as a whole. This unprecedented and long overdue investment in the preservation and expansion of affordable housing, coupled with the Build Back Better Act’s other investments such as universal prekindergarten, the child tax credit, and climate change remediation, will have an historic impact on reducing poverty and improving the climate.

“The Biden administration is delivering on a promise that has been decades in the making. CLPHA strongly supports the Building Back Better Act as a history-making investment in public housing and expanding housing opportunities.”