[Congressional Record Volume 170, Number 90 (Thursday, May 23, 2024)]
[House]
[Page H3514]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                              {time}  1430
                  HOUSING CRISIS IN THE UNITED STATES

  (Mr. KHANNA asked and was given permission to address the House for 1 
minute.)
  Mr. KHANNA. Mr. Speaker, I rise today to sound the alarm on the 
housing crisis in the United States of America.
  Over half of U.S. renters are paying more than 30 percent of their 
income in rent, and we have over 650,000 who are unhoused.
  Here is what we need to do: Stop Wall Street from buying up single-
family homes. I have a bill to end the corporate subsidies.
  Second, cap rent so it doesn't go higher than inflation. The 
President can do this because many corporate landlords are reliant on 
financing from our Federal agencies.
  Third, let's make sure that we build 7 million in new, affordable 
housing units.
  Finally, let's make sure that those with prior criminal records 
aren't banned from public housing, and we have a tenant's bill of 
rights.

                          ____________________