The Project Rebuild Act would cost more than twice as much as the Neighborhood Stabilization Plan that is ending as one means to contain federal spending.
However, Sen. Sherrod Brown, D-Ohio, said the PRA, which would replace NSP, is a necessary investment in local communities.
“We justify it because the need is so great,” Brown said. Like NSP, Brown said he believes the PRA will get bipartisan support. “We don’t grow our way out of this unless housing prices stabilize and communities stabilize,” he said of the real-estate market slump.
Flanked by local leaders, Brown spoke Tuesday at a news conference outside a condemned former bakery at 1941 Glenwood Ave.
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