This bill would generate up to $50 billion over ten years to help build and preserve approximately 2.9 million affordable housing units nationwide.
Build, preserve, and rehabilitate about 2.9 million affordable housing units nationwide through the Affordable Housing and Homeownership Protection Act.
Occurrences
Evidence
Smith and Ocasio-Cortez said the Homes Act would help build and preserve as many as 1.3 million homes, backed by $300 billion over a decade.
The bill text says it was introduced and referred to committee.
Assessments
Tina Smith appears to have made a serious legislative effort on affordable housing by introducing the 2024 HOMES Act, but the provided evidence does not show enactment of the promised Affordable Housing and Homeownership Protection Act or delivery of roughly 2.9 million affordable housing units. The cited materials show a proposal introduced and referred to committee, with an estimated impact of about 1.3 million homes, which falls short of the specific promised nationwide outcome and was not passed into law. Under federal candidate-credit rules, this counts as a meaningful attempt but not fulfillment.