Rep. Alexandria Ocasio-Cortez and Sen. Bernie Sanders introduced a bill that would dedicate billions of dollars to energy retrofits for America’s dilapidated public housing stock. The Green New Deal for Public Housing Act would commit up to $180 billion over 10 years to upgrading 1.2 million federally owned homes, reports Kriston Capps of CityLab.
"The bill is an effort to bag two birds with one stone. America’s public housing portfolio is in a shambles, with deferred maintenance costs nationwide running into the billions. The bill introduced by AOC and Sanders would bring that backlog up to date while also reducing the energy consumption from this aging housing stock," writes Capps.
In addition, a provision of the bill would repeal the Faircloth Amendment, a federal rule that caps the construction of new public housing units.
Click on the link to read the full CityLab article.
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