Titus Applauds President's Plan To Fight Housing Crisis

Statement

Congresswoman Dina Titus of Nevada's Third District released the following statement today on President Obama's plan to fund innovative measures to help families in the states hardest hit by the housing crisis. Titus has urged the President and Administration officials for months to take additional action, writing to the President as recently as last week. Click here and here to read Titus' most recent letters to President Obama.

"It is always an honor to welcome President Obama to Las Vegas and I am pleased that he is choosing this visit to announce additional funding for areas that have been the hardest hit by the housing crisis. Southern Nevada, and the district I represent in particular, has been ground zero as Nevada has led the nation in foreclosures for far too long.

"Since I came to office, the focus of my work in District Three has been on helping families stay in their home, devoting the time and resources of my office to individually help homeowners who, through no fault of their own, are facing foreclosure despite making good faith efforts to work with their lenders. I have helped hundreds of homeowners when their banks refused to return their calls or lost their paperwork, and for months it has been clear that the programs that have been in place were not enough to get the job done in Nevada.

"I have been working hard with Secretaries Donovan and Geithner to convey the depth of the housing problem in Southern Nevada, and I am pleased that President Obama is taking this important step to provide our community with additional resources that will help families remain in their home. I look forward to seeing the state housing finance agency's plan and I hope it will act swiftly to implement it."

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