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Date
Summary
Dem Sen. Tina Smith: We Need Social Housing Because No One Can Afford a House
Source
CNN

Name: CNN

URL: http://www.cnn.com/

Show
CNN News Central

Name: CNN News Central

URL: https://www.cnn.com/

Persons
John Berman

Name: John Berman

Employment: CNN

Position: Anchor

, Tina Smith

Name: Tina Smith

Employment: U.S. Senate

Position: Senator

Event
Event location
Link
Original recording
Uploaded
09/19/2024 06:44 am
Owner
Alex (staff)
Type
Video
Format
MP4 (720x406) Use clipper to adjust file type
Duration
0:01:49
Views
3
Purchases
0
Social views
0
Transcript
BERMAN Senator what is ░░░░░░░░ housing Smith Well so ░░░░░░░░ I announced with my ░░░░░░░░ Alexandria Ocasio Cortez a ░░░░░░░░ bill with a new ░░░░░░░░ for building affordable housing ░░░░░░░░ this country Do you ░░░░░░░░ that in over 90 ░░░░░░░░ of American counties most ░░░░░░░░ wage workers can t ░░░░░░░░ even a modest one ░░░░░░░░ apartment The private market ░░░░░░░░ not building the housing ░░░░░░░░ we need We have ░░░░░░░░ severe housing shortage So ░░░░░░░░ housing is way of ░░░░░░░░ permanently affordable housing to ░░░░░░░░ the needs of middle ░░░░░░░░ Americans and regular Americans ░░░░░░░░ m excited about this ░░░░░░░░ and I think it ░░░░░░░░ going to really give ░░░░░░░░ a new way of ░░░░░░░░ about how to address ░░░░░░░░ severe housing shortage that ░░░░░░░░ have in this country ░░░░░░░░ Is it public housing ░░░░░░░░ s the difference Smith ░░░░░░░░ it would be funded ░░░░░░░░ a public bank and ░░░░░░░░ it would create affordable ░░░░░░░░ units as well as ░░░░░░░░ for homeownership And instead ░░░░░░░░ relying on the private ░░░░░░░░ which has a profit ░░░░░░░░ it would put it ░░░░░░░░ be housing that is ░░░░░░░░ by public entities It ░░░░░░░░ be nonprofits It could ░░░░░░░░ state or local governments ░░░░░░░░ Minnesota we have great ░░░░░░░░ of this through our ░░░░░░░░ movement which we ve ░░░░░░░░ around for a long ░░░░░░░░ And community land trusts ░░░░░░░░ are owning the land ░░░░░░░░ the home and keeping ░░░░░░░░ keeping that home permanently ░░░░░░░░ but allowing the people ░░░░░░░░ own the home to ░░░░░░░░ equity and be able ░░░░░░░░ move forward So it ░░░░░░░░ exciting I think to ░░░░░░░░ able to think about ░░░░░░░░ new way of doing ░░░░░░░░ This strategy is in ░░░░░░░░ in many countries around ░░░░░░░░ world and in Minnesota ░░░░░░░░ well as in The ░░░░░░░░ where Rep Ocasio Cortez ░░░░░░░░ So I think I ░░░░░░░░ excited to see where ░░░░░░░░ can how we can ░░░░░░░░ this forward BERMAN Senator ░░░░░░░░ Smith from Minnesota Thanks ░░░░░░░░ being with us this ░░░░░░░░ Kate?”
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