Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, what we have heard this morning, unfortunately, is an assault on affordable housing from too many people on the other side of the aisle. We have Washington elites who are deciding that low-income people are too stupid to make decisions for themselves. We have too many people on the other side of the aisle, Mr. Speaker, who want to take them out of their affordable homes--manufactured homes--and are saying: No, go rent, go find someplace on the street. Here is the reality: when Washington elites at the Orwellian named Consumer Financial Protection Bureau decided to make these manufactured housing loans ``high cost,'' we saw a 22 percent drop in these type of loans being made. But what we know is that this is vital for so many working Americans. I heard from one consumer in Windsor, New York: I was falling behind on my own site-built mortgage payments. I was drowning in debt. I needed a cheaper housing alternative that would meet the needs of my family. The manufactured home payment cut my overall housing expense by 57 percent. Mr. Speaker, that is just one example. I have story after story from consumers who this is their only option for affordable housing. But too many of my friends on the other side of the aisle say: No, no, we can't allow you to do that. You might pay a little higher interest rate. Well, here is a news flash, Mr. Speaker: their monthly payment is lower and they get to own their own home.…
On the recordDecember 1, 2017
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