[Congressional Record Volume 168, Number 126 (Thursday, July 28, 2022)]
[House]
[Page H7262]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                           AFFORDABLE HOUSING

  (Mr. ESPAILLAT asked and was given permission to address the House 
for 1 minute and to revise and extend his remarks.)
  Mr. ESPAILLAT. Madam Speaker, today I seek recognition and rise to 
address the growing barriers to homeownership and skyrocketing rents.
  Families that have lived in the city of New York for generations are 
being pushed out. These families have significant ties to the community 
and contribute to the cultural exchange that New York City is known 
for.
  Homeownership is one of the best ways to gain equity and build 
generational wealth. Yet, there are millions of Americans who aren't 
able to buy into the housing market.
  As a member of the Appropriations Subcommittee on Transportation, and 
Housing and Urban Development, and Related Agencies, I am proud to have 
worked with my colleagues to draft a bill that would address this 
issue.
  But we must do more. The bill provides a total of $62.7 billion for 
HUD which includes funding to protect housing assistance for more than 
4.8 million individuals. It also expands housing choice vouchers to 
more than 140,000 low-income individuals and families at risk of 
homelessness.
  We must continue to enact policies that ensure all residents can live 
without being burdened by housing costs.

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