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Kamala Harris to back developers and hand first-time buyers incentives

Aspiring US President Kamala Harris has unveiled her housing plans ahead of the election taking place on November 5th.

Harris wants the country to build 3 million housing units in four years with the help of tax incentives to housebuilders.

Developers will be given tax credits to build homes for first-time buyers or for affordable rent.

Meanwhile local government finance departments will be bolstered with a $40 billion fund, up from $20 billion.

Eligible first-time buyers would also be handed $25,000 in down payment assistance, a move that would help an estimated four million households.

Harris urged for bills to restrict tax benefits for large landlords and prevent owners from using services that “coordinate” rent prices – though such proposals would require action from Congress.

Harris said: “I think that if you want to know who someone cares about, look at who they fight for.

“Donald Trump fights for billionaires and large corporations. I will fight to give money back to working and middle class Americans.”

Trump attacked Harris by suggesting she should have already brought in these changes as vice president, saying: “Where has she been and why hasn’t she done it?”

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