Homeownership has long been a central element of the American Dream. However, millions of American families are now at risk of losing their homes to foreclosure.
I am focused on finding solutions that will lead us out of both the immediate housing crisis and the larger financial crisis.
Even before analysts and the press were focusing on our current housing crisis, I was working tirelessly to help struggling renters make their monthly payments, which can be as high as half of their income. It’s easy to sometimes forget about this substantial portion of Americans, but it is critical that we continue to support these families.
I am committed to doing everything in my power to keep Americans in their homes. I have been at the forefront of encouraging and promoting loan modifications, housing counseling and mortgage servicer reform. I also am dedicated to fully funding our nation’s public housing and expanding the number of housing choice vouchers so that our nation’s most at-risk individuals can access the safe, decent and affordable housing of their choice.
This housing crisis developed over many years through neglect, so moving forward it is important to fully fund our nation’s housing programs.
More on Housing
By Greg Kaufmann
December 10, 2009
At Tuesday's House Committee on Financial Services hearing titled "The Private Sector and Government Response to the Foreclosure Crisis," Julia Gordon, senior policy counsel for the Center for Responsible Lending, painted a bleak picture.
By Michael D. Shear and Perry Bacon Jr.
Washington Post Staff Writer
Wednesday, December 9, 2009 10:06 PM
Some black lawmakers sought this week to move past a dispute with the White House, saying they are satisfied that President Obama is seeking to provide greater economic assistance to African American communities.
But the members of the Congressional Black Caucus continued to insist that the administration's efforts do not go far enough, even as other African American leaders defended the nation's first black president.
By Brady Dennis and Renae Merle
Washington Post Staff Writers
Tuesday, December 8, 2009
House Democrats are seeking to tap the government's massive bailout fund to help homeowners who have lost their jobs and are struggling to make their mortgage payments.
By Sydney Champion · Daily Trojan
Most class projects never leave the classroom, but one class's effort has traveled 2,600 miles away — to Washington, DC.
School of Social Work Professor Ralph Fertig's social welfare policy class developed a draft of a resolution for the House of Representatives that addresses the issue of homelessness and the foster care system. The draft made it to Congress, where Rep. Maxine Waters (D-Calif.) presented it to the House.