Political Quotes

“I come to the floor because many of my colleagues--29 have joined a bill that myself and Senator Young sponsored, and, I think, 132 Members in the House of Representatives joined, all saying we need to incent more affordable housing. Why do we need to incent more affordable housing? If you don't incent it with the tax credit, people won't build it, particularly in a place like Seattle, where you can build other things and get a whole lot more money. We need a workforce and we need the workforce to be in Seattle. We don't need them to be four counties away and drive in every day and clog our roads with added traffic that didn't need to be there. We need to build people close to their homes and need the flexibility of the affordable housing tax credit, which has been, in my mind, very helpful in being very specific in every community. You can build affordable housing just for returning veterans. You can build affordable housing for workforce needs. You can build affordable housing just to house previously homeless people. You can build affordable housing to take students who are still going to school and don't have a place to live, making them have affordable opportunities. The affordable housing tax credit is the primary tool with which we build housing. Let me say, 90 percent of the affordable housing that gets built in the USA gets built with the tax credit. That is right.…”