Political Quotes

On the recordMay 17, 2007
The American dream of home ownership is quickly turning into a nightmare for many, and this bill really does begin to turn this around. This bill incorporates and would authorize and create a new Affordable Housing Trust Fund. For many years, housing has been a big issue for many of us here. Many of our districts are unaffordable, and this American dream of home ownership is turning into a nightmare. This bill, the Federal Housing Reform Act of 2007, will really help accomplish the objective of our first national housing trust fund. It increases home ownership for extremely low and very low income families. It provides for increasing investment in housing in low income areas; for increasing and preserving the supply of rental and owner-occupied housing for extremely low and very low income families. It also increases investments in our public infrastructure and development in connection with housing assistance.
Said by
Bill Lee
Republican · Tennessee

Editor's note · Context

Discussing the Federal Housing Reform Act of 2007 and its impact on affordable housing.

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