Rick Lazio: “This is one of the finest pieces of legislation dealing with housing that I have seen in the years that I have been here…”

“This is one of the finest pieces of legislation dealing with housing that I have seen in the years that I have been here in this Congress. It is simple in some respects compared to some of the complicated bills that have come to this floor, but it is something which does a good deal for a lot of people. It provides, as some have said, the opportunity for many more people to be able to get into a home and to actually own a home. I think that is the extraordinary part of this. We need in America to have more homeownership. Those at the lower end of the spectrum of earnings should have the opportunity to feel a part of their community, to actually own their home. That is the beauty of this bill.”