"Today, as our Nation deals with the housing crisis and an economic recession, this discussion takes on an added importance."
"I am pleased that the starting point for this discussion is a budget that proposes substantial investments and innovative approaches."
"Foreclosures remain at record levels, fully 32 percent higher than this time last year."
"the budget decisions and leadership at HUD are going to make or break it for those most affected by this recession."
"I thank you for backing the permanent supportive housing approach that was included in the recently enacted HEARTH Act."
"Urban areas do not have a monopoly on economic development and housing needs."
"Let me ask about the HOPE for Homeowners foreclosure prevention initiative."
"I have long raised concerns about the solvency of the FHA's MMI Fund and I want to make sure that our Nation's taxpayers are not exposed to the elevated risk of re-default of these already troubled mo..."
"So some tools to make sure you have got some control on it?"
"What about the reverse mortgage, HECM program, for seniors to reverse mortgage?"
"That, we know, is going to enable more families to afford housing and provide an important jolt to the housing market."
"the President's budget included $17.8 billion in total resources for the tenant-based rental assistance."
