Biden proposes $640B housing plan

[highplainsdem]

https://thehill.com/homenews/campaign/484309-biden-proposes-640b-housing-plan

The proposed bill of rights, modeled on similar legislation that passed in California, would bar mortgage servicers from foreclosing while homeowners are modifying loans and establish a right to timely notifications of loan modification status for borrowers.

The plan would also strengthen eviction protections, with Biden pledging to enact legislation sponsored by House Majority Whip James Clyburn (D-S.C.) and Sen. Michael Bennet (D-Colo.) that provides legal assistance to tenants facing eviction. Biden “also will encourage localities to create eviction diversion programs, including mediation, payment plans, and financial literacy education programs,” his campaign said.

Biden also pledges to fight discrimination in housing by taking action against exclusionary zoning, or the use of zoning ordinances to prevent certain land uses. Biden pledged to require any state receiving community development block grants to develop inclusionary zoning plans if he is elected.

He further pledged to address discriminatory practices by financial institutions by expanding upon 2013 legislation enacted by the Obama administration.

More info here, on his website:

https://joebiden.com/housing/