Both parties will support housing

Both Republicans and Democrats made housing issues priorities in their platforms.

The Republicans: "Homeownership is central to the American Dream, and Republicans want to make it more accessible for everyone. That starts with access to capital for entrepreneurs and access to credit for consumers.

Our proposals for helping millions of low-income families move from renting to owning are detailed elsewhere in this platform as major elements in Governor Bush's program for a New Prosperity. For those families, and for all other potential home buyers, low interest rates make mortgages affordable and open up more housing opportunities than any government program."

The Democrats: "Al Gore and Democrats have long defended the mortgage interest deduction and the low-income housing tax credit ... we must reinvigorate our communities and support our families through partnerships and targeted investments and eliminating community redlining by lenders that will better harness the power of markets to create the housing we need. ... We must pay down the debt to keep interest rates low. ... We must ensure that housing costs in thriving communities do not outpace the income of middle class families... We must encourage the renovation and construction of affordable housing closer to places of work and to mass transit..."

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