Tom Latham: “It is great to have you here, and I look forward to your testimony today. We miss you in Congress, but I am very, very…”

I thank the gentleman from Arizona for yielding. Yes, we were aware of it. We have been advised by the DOT of the ramifications of this amendment in the revised form. That is why I rise in opposition. It is DOT's concerns we are raising.

I reserve a point of order on the gentleman's amendment. The Acting CHAIR. A point of order is reserved. The gentleman from Michigan is recognized for 5 minutes.

Reluctantly I must rise in opposition to the amendment. I share the gentleman's concern, and that is why we have included language in our committee report directing HUD to review instances of payments for housing that exceed 120 percent of…

I thank the gentleman. As we move forward to conference, we will work with the gentleman to ensure that any project ready for full funding grant agreements will receive funds under our conference allocation.