Housing
Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616
Washington, D.C. – Speaker Pelosi released the following statement following the Obama Administration’s announcement of $1 billion in Neighborhood Stabilization Program funds for states and local communities to prevent and reduce neighborhood blight and provide affordable housing to many communities across America:
Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi released the following statement after the House voted overwhelmingly to pass the Federal Housing Administration (FHA) Reform Act, which will make essential reforms to strengthen the financial footing of the FHA. The bill passed in the House by a vote of 406 to 4.
Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi issued the following statement today following passage of the Home Star Energy Retrofit Act, providing incentives for consumers to make their homes more energy efficient. The bill passed by a vote of 246 to 161.
"Today, the House took another step forward to create good-paying, American jobs that cannot be outsourced, to lower energy costs for consumers, and to build our clean energy economy.
Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi released the following statement today on the Treasury Department’s allocation of $700 million to California’s housing finance agency under the President’s most recent $1.5 billion initiative to prevent foreclosures in the five hardest hit states.
Contact: Brendan Daly/Nadeam Elshami/Drew Hammill, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi released the following statement today on the President Obama’s announcement for funding from the Troubled Asset Relief Program (TARP) to help support homeowners in California, Nevada, Arizona, Florida, Michigan:
"President Obama’s announcement is an encouraging step in the effort to stabilize our nation’s housing markets, help unemployed homeowners, and bring relief to many families hardest hit by the recession.
Contact: Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. - Speaker Nancy Pelosi released the following statement in response to the $3 million granted to the City of San Francisco under the American Recovery and Reinvestment Act:
Contact: Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. -Speaker Nancy Pelosi released the following statement today on House passage of the Mortgage Reform and Anti-Predatory Lending Act, which passed the House today by a vote of 300 to 114.
"The Mortgage Reform and Anti-Predatory Lending Act will protect homeowners and our economy from the questionable and predatory lending practices that led to record home foreclosures and helped cause the worst financial crisis since the Great Depression.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi released the following statement on the House’s passage of HR 1106, the Helping Families Save Their Homes Act, by a vote of 234 to 191.
"Every 13 seconds, another American family loses their largest investment—their home—to foreclosure. That means that every 13 seconds a family is uprooted, children are forced to switch schools, and a home is boarded up, increasing blight and reducing property values.
Contact:Brendan Daly/Nadeam Elshami, 202-226-7616
Washington, D.C. – Speaker Nancy Pelosi issued the following statement today on the Homeowner Affordability and Stability Plan announced today in Arizona by President Barack Obama. The plan, part of the President’s wide-ranging strategy to get the economy back on track, is designed to help up to 7 to 9 million families restructure or refinance their mortgages to avoid foreclosure.