I have been enormously proud to chair this effort as we work to achieve two basic goals: one, to get the assistance that you all fought so hard to make a reality to communities as quickly as possible, to meet the immediate needs; and, second, to ensure that the region rebuilds stronger and smarter than before.
Goals for Hurricane Sandy recovery efforts.
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We are banning foreclosures. You cannot foreclose on anyone affected by the storm for, initially, 30 days.
If there are regulations that stand in the way of doing smart things, cut the red tape.
If the administration's actions and proposals will not be sufficient to restore FHA's fiscal health, then I plan to work with my colleagues on both sides of the aisle on the Banking Committee to find a bipartisan way to make that happen.
HUD's budget is an essential component of the President's vision of investing in the things we need to grow our economy.