The fact is that there are not just enough rental homes being built, and part of that is because Federal lending programs, through HUD and the Federal Housing Administration, have not kept pace with the market.
Menendez points out the inadequacy of federal programs in addressing housing shortages.
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We do not have any free trade agreements being promoted in the region. We have a behemoth of an economic challenge with China in this region.
I appreciate your partnership. I appreciate you putting the full weight of the Department behind this issue.
It is why it is so critically important that we continue to provide robust funding for our State and regional partners as we continue to invest in rail.
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