Martin O'Malley

Martin O'Malley's policies onJobs & Economy

Preserve and upgrade affordable housing

Our existing affordable housing faces a precarious future: after decades of underinvestment, roughly 10,000 public housing units are lost entirely each year. O’Malley will work with Congress to preserve affordable housing for current residents, especially developments that are close to transit or jobs, while encouraging private investment to create mixed-income communities. As a first step, he will expand a successful demonstration program that uses private investment dollars to preserve at-risk public housing—leveraging $19 in outside capital for every federal dollar, while creating jobs and better homes across the country.

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