Doug Bereuter: “This Member rises to express his thanks to the distinguished subcommittee chairman, Mr. Lewis, and the distinguished…”

“This Member rises to express his thanks to the distinguished subcommittee chairman, Mr. Lewis, and the distinguished ranking Member, Mr. Stokes, For their efforts in bringing this bill before us today. This Member is particularly pleased that H.R. 3666 includes $3 million in funding for the Indian Housing Loan Guarantee program at HUD. This very modest sum will guarantee the private financing of nearly $37 million in housing loans for Indian families. As you know, Mr. Chairman, there is a severe lack of decent, affordable housing in Indian country, due in large part to the lack of private financing in Indian country. This program provides a substantial means of bringing much needed private financing to Indian country. This very limited Federal funding is money well spent, and this Member commends the appropriators for including it in this measure. The appropriators also should be commended for increasing an inadequate initial allocation for VA and HUD programs.”