Biden's Woke Housing Plan: A Barrier to Homeownership

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Biden's woke housing plan for all of us

to HUD, describing the steps they have taken to “eliminate disparities in housing-related opportunities.”

One policy that HUD says will satisfy its equity standards is universal basic income—a disastrous progressive policy that would destroy the American way of life. HUD’s most drastic option calls for program participants to fight inequality of “community assets” and “different access” to community “critical resources.” These “resources” and “assets” can mean anything from schools, parks, and police to access to credit and community wealth.

When someone buys a house in a neighborhood with a high level of community assets, he pays taxes expecting to get access to high-quality public assets that he paid for—nice parks, clean streets, safe neighborhoods, and so on. HUD’s plan would take those resources and redistribute them, meaning residents might move away or vote not to fund such assets at all.

 

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