<p>Andrew Yang is an entrepreneur, lawyer and philanthropist. He is founder of Venture for America, a nonprofit organization focused on creating jobs in struggling American cities. He does not have a detailed affordable housing plan, although he has proposed measures to reduce veteran homelessness. His Freedom Dividend, universal basic income of $1,000 per month for every adult American, would greatly benefit low-income renters.</p>
This resource focuses on active 2020 Presidential Candidates. Recent changes or additions to Andrew Yang's housing policy proposals may not be reflected in this resource.
Andrew Yang on Homelessness
<p>Andrew Yang identifies homelessness as a critical issue facing veterans and has included an outline of policies to address the issue in his “More Than A Handshake” Plan. Yang would address situational homelessness among veterans with supportive services that ease the transition back to civilian life and provide employment and stability services. Additionally, Yang’s “Every Vet Under A Roof Initiative” would establish a census that identifies and funnels underserved, chronically homeless veterans into health and supportive services. </p><p>To mitigate future cases of veteran homelessness, Yang proposes programs that would give active service members the opportunity to dedicate portions of their pay to accounts specifically for retirement and post-discharge housing.</p>
Andrew Yang on Zoning Reforms
<p>Andrew Yang’s campaign aims to create more affordable housing through reforming prohibitive zoning laws in cooperation with local governments.</p><p>Yang blames NIMBY ( “not in my back yard”) policies and zoning laws supported by some homeowners for making the creation of effective affordable housing impossible.</p>
Andrew Yang on Housing Construction and Preservation
<p>Andrew Yang would encourage new construction of what his campaign calls “innovative housing options” such as micro-apartments and communal living in high-density urban areas.</p>
Andrew Yang on Wealth Building
<p>Andrew Yang proposed instituting a universal basic income program to distribute what his campaign calls a “Freedom Dividend.” This $1,000 monthly basic income, to be distributed independent of income or work status, would specifically enable low-income Americans to dedicate money to building and sustaining household wealth. </p><p><br />Unlike traditional welfare programs, Yang claims that his Freedom Dividend would not disincentivize working or earning more because the dividend is not restricted to those earning under an income threshold.<br /> </p>
<p>Yang would pay for this universal basic income program through a consolidation of existing welfare programs and implementing a value added tax (VAT) of 10%. The VAT would be a tax on the production of goods and services certain classes of businesses produce. His campaign estimates that the VAT would generate $800 billion in new revenue while consolidation of welfare programs could save between $100 and $200 billion.</p>
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