I'm hopeful after this--we do have this group of bills that we're putting forward that really are going to make a difference here.
Catherine Cortez Masto
The Public Record
Catherine Cortez Masto is the junior United States senator from Nevada, having taken office on January 3, 2017. A member of the Democratic Party, she made history as the first Latina senator in U.S. history. Before her election to the Senate, Cortez Masto served as the Attorney General of Nevada from 2007 to 2015, where she focused on consumer protection and public safety issues. She has been an advocate for various policies, including healthcare access, immigration reform, and economic development in Nevada.
Yesterday I joined Senators Cardin and Young and Wyden and Warner in reintroducing the Neighborhood Homes Investment Act.
Our overarching focus is using our tools to bring inflation back down to our 2 percent goal and to keep longer-term inflation expectations well anchored.
It has been more than 100 years, and a Latino has never served on the Federal Reserve board.
If you are making minimum wage, you have to work 75 hours a week just to be able to afford housing.
The bipartisan AHCIA would not only increase affordable housing supply by over 2 million affordable rental homes.
Without increased investments in LIHTC, housing costs and shortages will continue to increase.
The availability of affordable housing is key to economic growth for any community.
Passage of which is the single most important thing Congress could do to address the severe imbalance between supply and demand for affordable rental housing.
I want to thank committee member Senator Catherine Cortez Masto (D-NV) for introducing the Affordable Housing Bond Enhancement Act (AHBEA) in the last Congress.
The only thing that's unacceptable to me is for this Congress to take a pass on housing.
It's like lasagna. You've got to pull all these different pieces together to make it work, and each time it's going to come out maybe a little bit differently.
I'm hopeful after this--we do have this group of bills that we're putting forward that really are going to make a difference here.
This legislation that I've introduced will expand the supply of affordable homes and improve access to home ownership for low- and moderate-income home buyers.
Yesterday I joined Senators Cardin and Young and Wyden and Warner in reintroducing the Neighborhood Homes Investment Act.
I think part of this is giving them parity to develop their own resources through economic development.
This legislation to me was something that sitting down with the tribes just in Nevada we had focused on how we could look at and really address economic development for so many of our tribes.
Eliminating the essential governmental function test, which is an arbitrary test that prevents tribes from using tax-exempt bonds for the same types of activities that State and local governments use them for, it would allow us to use…
The COVID-19 pandemic made it abundantly clear that tribal economies must be diversified in order to be strong.
Our overarching focus is using our tools to bring inflation back down to our 2 percent goal and to keep longer-term inflation expectations well anchored.
I want to first align myself with the remarks from Chairman Menendez supporting a Latino nominee to the open seat on the Federal Reserve.
Right now in Nevada, if you are making minimum wage, you have to work 75 hours a week just to be able to afford housing.
The bipartisan AHCIA would not only increase affordable housing supply by over 2 million affordable rental homes.
The only thing that's unacceptable to me is for this Congress to take a pass on housing.





