2020 Candidate Castro Targets Affordability in Housing Plan - NBC 5 Dallas-Fort Worth

2020 Candidate Castro Targets Affordability in Housing Plan

Castro wants to expand federal housing vouchers into a "fully-funded entitlement program"

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    2020 Candidate Castro Targets Affordability in Housing Plan
    John Locher/AP, File
    In this April 27, 2019, file photo, former Housing and Urban Development Secretary and Democratic presidential candidate Julian Castro speaks at a Service Employees International Union forum on labor issues in Las Vegas. Top Democratic presidential candidates are one-upping each other with ever-more-ambitious plans on global warming, gun violence, health care and abortion. But largely left out of the policy parade are the thousands of immigrants flooding the U.S. border to seek asylum.

    Former Obama housing secretary Julian Castro is drawing on that experience in his 2020 Democratic presidential campaign with calls for tax credits for low-income renters and ending veteran homelessness.

    Castro's housing plan released Monday hits close to his stint as secretary of Housing and Urban Development. He wants to expand federal housing vouchers into a "fully-funded entitlement program" that gives assistance to every eligible family.

    The Congressional Budget Office said the current voucher program only serves about a quarter of the roughly 20 million households that qualify.

    Castro also proposed a tax credit for tenants paying more than 30 percent of their income on rent. Democratic Sen. Cory Booker of New Jersey, another 2020 presidential contender, has also called for tax credits for renters.

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