As Rep. Bob Good departs Congress, he’s taking on the hazard that is DEI one more time.  ,
The Virginia Republican lately introduced two costs to address the rising housing costs and lack while addressing the anti-discrimination practices of the so-called Diversity, Equity and Inclusion mission in public housing plan.
” Some Americans battle to even dream of home equity in the current economy”, Good, who, up until recently, chaired the House Freedom Caucus, said in a press release. ” The Biden-Harris Administration’s extremism of housing policy favors woke DEI businesses, but does nothing that will really drive down the cost of a house in an market destroyed by Bidenflation. My expenses aim to end DEI housing laws that prevent families from pursuing the American dream and recover cover freedom from the Trump era.
Certainly the Congress’s goal, though.
The proposal to pass Good’s No Discrimination in Housing Act would prohibit corporations that are DEI-pressed from receiving the Low-Income Housing Tax Credit ( LIHTC ), which is administered by the Treasury Department and state housing finance organizations. The program provides state and local LIHTC-allocating companies” the equivalent of approximately$ 10 billion in annual budget authority to issue tax credits for the acquisition, treatment, or new construction of rental housing targeted to lower-income homes”, according to the Department of Housing and Urban Development.  ,
In recent years, companies that are supported by left-leaning private ownership groups like Blackstone, Starwood Capital Group, and others have been savoring real estate, turning single-family homes into rental properties and preventing them from being offered on the market. By 2030, institutional investors may own 40 % of single-family rental housing in the United States, according to a document from Yardi Matrix. At the time, corporations owned abut 5 percentage of single-family apartments, or around 700, 000 models, according to MetLife. In the coming years, that number may reach 7.6 million homes.  ,
Great claimed that the administrative group’s widespread mergers have caused him to become more concerned about the housing shortage. According to the senator, businesses are utilizing the Low Income Housing Tax Credit to turn single-family residences to low-income accommodation in support of La operations.  ,
” Congress does not intend for that low-income accommodation tax breaks.” In an interview on the” Vicki McKenna Show,” Good said on Friday that the goal was to encourage investment and generate more low-income cover applicable. However, this is not the case for these large corporations to purchase hundreds of thousands of homes and receive millions and millions of dollars in tax credits.
In 2022, Blackstone Real Estate Income Trust ( BREIT ) launched a new portfolio company known as April Housing to “oversee and preserve affordability” of more than 90, 000 housing units that Blackstone had acquired. The tax credit plan allows April Housing to set up rental rates for the majority of its home inventory.  ,
” The book limits have, on average, 20 years of remaining expression, and Blackstone intends to keep them affordable for the long term”, the organization said in a media release at the time.  ,
But at what price? Good to say that citizens are funding businesses that prevent people from achieving the American Dream of owning homes.  ,
Hatefully intruding
The president’s Flexibility in Housing Act of 2024 may prevent the Biden-Harris leadership from finalizing the Department of Housing and Urban Development’s equity-driven cover programs. In its effort to” Affirmatively More Fair Housing,” Biden’s HUD has replaced justice in housing with scale-weighting equity ideas. The latest policy causes local governments to power low-income accommodation into higher-income and middle-income neighborhoods, taking over nearby planning control.
“]T] his new legislation is designed to provide appointed, private bureaucrats in Washington the strength to pick and choose who your novel next-door neighbor does be”, wrote Utah Sen. Mike Lee, in a 2016 Daily Signal op-ed criticizing the Obama-era “national zoning board” rule. They will take control of local zoning decisions, deciding what should be built, where, and who should pay for it, if they do n’t think your neighborhood is “diversity” enough, to make sure it looks more like it should be.
Good’s bill would give state and local governments more authority over how to use federal housing funds without being penalized for flouting requirements for affordable housing in the manner of affirmative action.  ,
” This is really attacking what began as an Obama-Biden policy, then Trump rescinded it, thankfully, but then Biden-Harris brought it back”, Good said in the radio interview. The federal government “invades” state and local governments ‘ housing zoning laws and makes them follow DEI laws abusively.
‘ Fostering Division, Inefficiency, and Discrimination ‘
In the Trump White House, DEI appears to be in trouble. And Republicans, soon to control both houses of Congress, are preparing to gut diversity, equity, and inclusion initiatives infesting the federal government. The House’s” Dismantle DEI” Act says it all. Following a contentious hearing, the measure was approved by the House Oversight Committee last week.  ,
” DE I programs masquerade as fairness while instead fostering division, inefficiency, and discrimination in our institutions”, said Rep. Michael Cloud, R-Texas, who authored the bill which strives to “prevent racism in the Federal Government”. They waste taxpayer dollars and undermine the foundation of American strength, which is based on merit. The Dismantle DEI Act targets this harmful ideology and will remove it from our government, ensuring that our institutions concentrate on delivering American citizens safely and effectively.
According to Cloud, the Biden administration requested an additional$ 83 million for DEI programs at the State Department in 2023, in addition to the previously mentioned$ 16 million for federal diversity training.
In defending continued taxpayer support for DEI, House leftists cited DEI talking points ( cited from antiracist propaganda and antiracism dogma that label all white people as racists and the United States of America as” systemically racist.”
” Why do predominantly conservative white men believe that the success of a black person, or the opportunity or access of a black person, is an existential threat to them,” Rep. Summer Lee, D-Penn., said, using a broad brush to villainize a group of people, during Wednesday’s hearing on the bill.  ,
It’s the same polarizing rhetoric that a growing number of Americans reject, which is arguably a cause of the red wave that propelled Republicans to the top of the party hierarchy.  ,
” There has been no oppression for the white man in this country,” Rep. Jasmine Crockett, D-Tex, ignorantly declared during the hearing”. Which white men were dragged out of their homes, please? You tell me which of them was dragged across an ocean and told to go work, that we would steal your wives, that we would rape your wives. That did n’t happen. That is oppression.”
Final Fight
Good has helped to spearhead several bills that include the DEI initiatives Protecting Americans from Woke Policies Act. No Discrimination in My Benefits Act, passed by the Virginia congressman, would make sure that fiduciaries of employee benefits plans choose their employees based on established principles of prudence and loyalty rather than” DE I policies.”  ,
Good, who lost a primary challenge earlier this year to Trump-endorsed state Sen. John McGuire, leaves Congress as he entered a few years ago, fighting for smaller government and individual freedoms.  ,
” We’re trying to attack these DEI policies that are so harmful, and so divisive and discriminatory”, the outgoing congressman said.  ,
The Federalist’s senior elections correspondent, Matt Kittle, is. An award-winning investigative reporter and 30-year veteran of print, broadcast, and online journalism, Kittle previously served as the executive director of Empower Wisconsin.
