Homeownership has long been a central element of the American Dream. However, millions of American families are now at risk of losing their homes to foreclosure.
I am focused on finding solutions that will lead us out of both the immediate housing crisis and the larger financial crisis.
Even before analysts and the press were focusing on our current housing crisis, I was working tirelessly to help struggling renters make their monthly payments, which can be as high as half of their income. It’s easy to sometimes forget about this substantial portion of Americans, but it is critical that we continue to support these families.
I am committed to doing everything in my power to keep Americans in their homes. I have been at the forefront of encouraging and promoting loan modifications, housing counseling and mortgage servicer reform. I also am dedicated to fully funding our nation’s public housing and expanding the number of housing choice vouchers so that our nation’s most at-risk individuals can access the safe, decent and affordable housing of their choice.
This housing crisis developed over many years through neglect, so moving forward it is important to fully fund our nation’s housing programs.
More on Housing
WASHINGTON, D.C. – Today, Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement regarding the vote against the sale of 241 public housing sites throughout South Los Angeles by the Los Angeles County Board of Supervisors on Tuesday:
LOS ANGELES -- Yesterday, Congresswoman Maxine Waters and her fellow California Delegation Democrat colleague, Karen Bass, joined in sending a letter to the California State Senate President pro Tempore, Kevin de Leon and the Speaker of the California Assembly, Toni Atkins, urging them to support legislation that will impose a moratorium on the Ellis Act, a California law that is increasingly being abused to evict hundreds of veterans, elderly persons, and families.
Waters Leads Crusade to Close Nation's Widening Wealth Gap
Senior Democrat Challenges Congress to Tackle National Crisis Head on with Resolution to Address Wealth Gap
Waters Statement on the President's Budget Request
WASHINGTON, D.C. – Following the release of President Obama's fiscal year 2016 budget request, Congresswoman Maxine Waters (D-CA) Ranking Member of the Financial Services Committee, and member of the Democratic Steering & Policy Committee, applauded the President for including a number of important spending increases for HIV/AIDS programs, Alzheimer's research and for the government agencies that are charged with policing Wall Street.
Waters Congratulates LAWA and the City of Inglewood on Reaching Agreement for Residential Sound Insulation
Congresswoman Waters Announces $4.5 Million Federal Grant for LA County for Residential Noise Mitigation in Lennox and Athens
September 24, 2014
Washington, DC- Today, Congresswoman Maxine Waters (CA-43) announced that the
Congresswoman Waters Announces $10 Million Federal Grant for the City of Inglewood for Residential Noise Mitigation
September 11, 2014
Full text of the Congresswoman's remark are below: