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Issue

Housing You Can Afford

Prince George’s rents are the highest in Maryland and more than half our neighbors hand over a third of their paycheck just to stay housed. Investors now buy one in every five homes, shutting first-time buyers out. Home equity is still the largest engine of middle-class wealth with the gap between owners and renters only growing. Housing justice is not a hand-out; it is one of the best ways we can build stability and prosperity for our families.

The plan

  1. Social housing surge

    • Use the National Housing Trust Fund to create or acquire at least 2 million permanently affordable homes by 2035, with at least 15,000 in Prince George’s County.

    • Guarantee rents never exceed 30 percent of household income.

  2. Renter Bill of Rights

    • Cap annual rent hikes at inflation + 2 percent on any home backed by federal dollars.

    • Ban no-fault evictions and provide a lawyer in every eviction case.

  3. Pathways to ownership

    • Launch a First-Generation Homebuyer Match: every dollar saved is matched two-for-one (up to $25,000) for the down-payment.

    • Expand land-trust homes and require Fannie Mae and Freddie Mac to offer low-rate 20-year fixed mortgages to first-time and first-generation buyers.

  4. Community control first

    • Give cities, co-ops, and land trusts first refusal when large landlords sell.

    • Offer zero-interest federal loans so neighbors, not hedge funds, own the block.

  5. Crack down on corporate landlords

    • Impose a one-percent surtax on rental portfolios above 1,000 units.

    • Bar private-equity firms from buying HUD or FHA foreclosures.

  6. End homelessness with Housing First

    • Make Section 8 an entitlement.

    • Pair permanent supportive housing with wrap-around mental-health and addiction services until street homelessness hits functional zero.

How we pay

  • End the $15 billion-a-year mortgage interest deduction for vacation homes and investment properties. Homeowners deserve help. Landlords don't need handouts.

  • Tax empty homes. Levy a two percent vacancy tax on investor-owned units left empty for more than six months.

  • Close the carried interest loophole for private equity funds that profit off housing. No more special tax treatment for flipping foreclosures.

  • Add a federal flip tax on homes resold within two years to crack down on speculation and price gouging.

  • Wealth Reclaim Pillar: Housing, this pillar of the Wealth Reclamation Tax will also be funded by a 0.5% tax on Wall Street transactions — reclaiming wealth from unchecked speculation and reinvesting it in the people and communities it was extracted from.

Stable rentals today and a clear route to equity tomorrow.

That is real freedom.