Mr. Speaker, let me just say how delighted I am today to be able to speak in support of this bipartisan bill, with the hope that it will spur a movement toward more aggressive quality affordable housing for all Americans... The FHA program is a very necessary tool to get these target communities into a home. It uses flexible down payment amounts ranging from 0 to 3 percent of the loans total, and it also helps with closing costs and considerable foreclosure and loss mitigation assistance.
On the recordJune 22, 2004
Source
govinfo.govEditor's note · Context
Speaking in support of a bipartisan bill aimed at improving affordable housing and home ownership.
Share
More from Bill Lee
Aug 4, 2026
Tennessee has a “really good chance” at being one of two states in the running for a $50 billion nuclear energy campus.
Mar 20, 2026
The junior Senator from Ohio comes to this job with a unique background, a unique set of knowledge born of experience as the longtime chief elections officer of the State of Ohio. As he looks at the SAVE America Act, he sees that there are…
Jul 27, 2026
Tennessee has shown we can lead the nation in innovation while protecting hardworking families from higher utility bills, & we’re grateful for your leadership to advance policies that strengthen our economy & secure America’s future.





