Facilitating Preservation of Certain Affordable Housing Dwelling Units

FACILITATING PRESERVATION OF CERTAIN AFFORDABLE HOUSING DWELLING UNITS -- (House of Representatives - May 06, 2008)

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Mr. MEEKS of New York. Madam Speaker, I yield myself 2 minutes.

Access to affordable housing is one of the most serious challenges facing our Nation today. Working families are experiencing the most trying economic downturn in nearly 25 years. Rising costs in food, household necessities, utilities, along with stagnating wages and daily increases in the price of gasoline are wreaking havoc upon the lives of hardworking American men and women.

The precipitous increases in mortgage delinquencies and foreclosures have caused record numbers of Americans to lose their homes. This crisis has been exacerbated by the unprecedented numbers of people being wait-listed for public housing which has grown significantly.

The lack of affordable housing impacts every region of this Nation. My colleagues and I have been fighting to ensure access to affordable housing in New York and throughout the country. Among my chief responsibilities to the constituents of New York's Sixth Congressional District is to work to help provide affordable housing.

For those reasons, my friend, Congressman Ed Towns, along with my friends and colleagues, Representatives Peter King, Barney Frank, Maxine Waters and Nydia Velázquez introduced H.R. 5937 which will facilitate the preservation of affordable housing units.

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