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Tim Walz vs. JD Vance: What the 2024 presidential running mates could mean for your wallet

Housing

Affordable housing is an important topic for many Americans and both Walz and Vance have addressed the issue. In May 2023, Walz signed housing legislation that included $200 million in down payment assistance. The bill also had $200 million for housing infrastructure and $40 million for workforce housing. "We expect Walz to be an advocate for demand-side approaches to housing," Jaret Seiberg, analyst at TD Cowen wrote in a July statement. "These are the type of housing ideas we would expect in a Harris administration," she wrote. Demand-side approaches to housing aim to help individual households by improving housing quality or reducing monthly housing costs.

Meanwhile, Vance, who is also a proponent of affordable housing, highlighted the issue in his Republican National Convention acceptance speech and along the campaign trail. "Prior to running for Senate, Vance argued that one key to tackling poverty is to address affordable housing," and he has opposed institutional ownership of rental homes and Chinese buyers for U.S. real estate, Seiberg wrote.

Child tax credit

Minnesota's new child tax credit is unusual in its narrowness, but it is the most generous in the nation for low-income households. Jared Walczak Vice president of state projects at the Tax Foundation

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