Last month, the House Financial Services Committee Democrats unanimously passed the housing title of the Build Back Better Act to provide $327 billion in critical investments needed to affordably house America and invest in neighborhoods across the country. With the inclusion of my committee's housing title, the Build Back Better Act will create over 3 million affordable and accessible homes. It will fully address the needed repairs in public housing so residents can safely live in their homes with dignity. It will help an estimated 750,000 households afford their rent or exit homelessness through expanded housing choice vouchers. It will address the racial wealth gap by helping first-generation home buyers access homeownership. These investments will help the schoolteacher experiencing homelessness; the children exposed to lead and other harmful toxins in their homes; the elderly neighbor who can't afford their prescription medications on a fixed income because the rent and mortgage is too high; the millennial who cannot rely on the bank of mom and dad for a downpayment to purchase their first home; and the millions of families that hang in the balance of imminent eviction or foreclosure due to the pandemic. Just today, my committee heard from several witnesses on the importance of the housing choice voucher program and how transformational it can be for a family to receive this assistance.…
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