On the recordJanuary 12, 2009
The foreclosure crisis that is facing the American people, American families, American neighborhoods is job one for HUD.
Said by
Shaun Donovan
Source
congress.govThe foreclosure crisis that is facing the American people, American families, American neighborhoods is job one for HUD.
Donovan emphasizes the urgency of addressing the foreclosure crisis if confirmed.
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I think we can continue to revise those. What I do not think is acceptable is to say we are simply not going to try to make progress here.
Thank you, more importantly, for both of your leadership in getting the supplemental passed and in being vocal and persistent advocates for the people that you serve in New Jersey and New York.
we estimate that the 20 percent of kids growing up in poverty in this country costs us $0.5 trillion a year in lost productivity and wages
These are real impacts on the middle class, on our most vulnerable families, and they are happening today.