Rep. Alexandria Ocasio-Cortez Highlights President’s Actions to Lower Housing Costs

Representative Alexandria Ocasio-Cortez visited Nevada to highlight President Biden’s actions to lower housing costs and support renters and homebuyers. Rep. Ocasio-Cortez met with Graciela Rodriguez, a local renter, and Michelle Merced, a Las Vegas housing advocate, in North Las Vegas, where corporate landlords have bought hundreds of homes and raised housing costs on families. 

Rep. Ocasio-Cortez highlighted the contrast between President Biden’s work to address rising housing costs and hold corporations accountable for rent gouging by cracking down on corporate landlords and private equity firms, and Donald Trump’s housing plans, which would drive up rental prices and put the dream of homeownership out of reach for so many families. 

“When it comes to housing, who we elect into office matters: While President Biden is taking action to bring down prices and make sure working families can find an affordable home, Donald Trump would actually spike costs on our families,” said Ocasio-Cortez. “If elected, Trump will side with the same corporations who are buying up single-family homes in our neighborhoods and raising the costs of rent, but Joe Biden is taking them on — cracking down on rent gouging and holding corporations accountable.” 

In March, President Biden visited Las Vegas to outline his agenda to bring down the cost of housing and address the shortage of affordable homes that Donald Trump’s failed policies helped create. In Nevada, President Biden has invested over $1 billion towards affordable housing to keep homeowners and renters in their homes, and his aggressive plan would provide $10,000 for first-time homebuyers and $25,000 for first-generation homebuyers. 

Meanwhile, Trump’s record on housing is atrocious: He tried to gut rental assistance programs that make housing more affordable. He tried to triple rents on the poorest Americans in federally subsidized housing — including low-wage workers, the elderly, and people with disabilities — putting nearly one million children at risk of homelessness.