Democratic presidential hopeful Senator Bernie Sanders (VT) released his expansive Housing for All plan, which is guided by the belief that every American must have a safe, decent, accessible and affordable home as a fundamental right. The plan proposed to build 7.4 million affordable units that will remain affordable in perpetuity through a ten-year, $1.48 trillion investment in the National Housing Trust Fund.

Sen. Sanders calls for $70 billion to repair and modernize public housing, including making all public housing accessible and provide access to high-speed broadband for all public housing residents, $410 billion to fully fund tenant-based Section 8 rental assistance over the next ten years and moving the funding account to the mandatory side of the federal ledger, and the creation of a nationwide three percent rent cap. The plan also calls for ending homelessness, sustainable homeownership, decarbonized housing by 2030, federal preemption of state laws that prevent cities and counties from implementing inclusionary zoning, among other things.

The plan, which comes in at $2.5 trillion, would be paid for by a wealth tax on the wealthiest 0.10 percent of households.