Access to stable and affordable housing has broad positive impacts. It leads to better health, better education outcomes, higher lifetime earnings, especially for children.
David Price
The Public Record
David E. Price is a former member of the U.S. House of Representatives, serving North Carolina's 4th congressional district from 1997 until 2023. A member of the Democratic Party, Price was known for his work on issues related to education, transportation, and housing. He played a significant role in various legislative efforts, including those aimed at improving public education and expanding access to affordable housing. Price also served on the House Appropriations Committee, where he influenced federal funding allocations for his state and district.
I must say, President Fry, your cataloging of the needs of the northeast corridor is very sobering.
Let me turn, as promised, to housing for the elderly and housing for the disabled.
Opportunity zones? Okay. Does that somehow compensate for everything I have said here this morning?
We need to make sure HUD is part of the broader conversation and can play a constructive role in mitigating these consequences.
For years nearly all of HUD's affordable housing and community development programs have been underfunded compared to demonstrated need.
Yet today, in no state in this country, can a person working full-time at the Federal minimum wage afford a two-bedroom apartment at the fair market rent.
I always want to register my serious concern with the Department's so-called rent reforms, which would essentially shift HUD program costs on to residents.
I hope it is an aberration and would appreciate whatever steps you need to take to correct this.
Public office is a public trust. Even the appearance of impropriety can severely damage our institution.