Housing Proposal Includes Tax Credit, Wiring for Internet
WASHINGTON--Low-income home buyers would get a new tax credit and public housing would be wired for the Internet under a plan released Wednesday by the nation’s mayors.
The plan, the beginnings of a blueprint for Congress and the Bush administration, comes at a time when housing prices are outpacing incomes, according to the U.S. Conference of Mayors.
“Housing is a very serious problem. It has for many years been on the back burner,” said San Francisco Mayor Willie Brown.
Housing Secretary Mel Martinez told the mayors that the White House would put the issue back atop the domestic agenda. “With all of the work ahead of us, and all the families who are depending on us, there is no room in the housing debate for partisan politics,” he said, but added that local governments bear the most responsibility for handling the problem through such things as zoning policies.
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