Political Quotes

“Thank you, Ranking Member Frank. As our Nation's economy moves forward, we must not forget about our neighborhoods, and we must continue to help those areas that are still struggling to come back. That is why I am appalled at the efforts to terminate the Neighborhood Stabilization Program. In my own district of Indianapolis, the neighborhood of Mapleton Fall Creek has been revitalized with NSP funds. What were once eyesores and magnets for crime, they have been renovated, and they are now for resale. These improvements have encouraged low- and middle-income residents to settle into areas known for abandonment and blight. New businesses have opened, and an area once in decline is actually blossoming again. This was all possible because of NSP funding. We must continue this program for the neighborhoods in Indianapolis and across this great Nation. I would like to express my support for the Neighborhood Stabilization Program (NSP) and to oppose the majority's plans to terminate the program. All three rounds of NSP are critical because they provide emergency assistance to states, local governments, and nonprofits to acquire and redevelop foreclosed, vacant, and abandoned properties. Many of these properties have become blights on the community and are driving down neighboring property values. The first two rounds of the NSP program impacted an estimated 80,000 foreclosed, abandoned, or vacant properties, and it is estimated that NSP3 will impact tens of thousands more.…”