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Waters on House Passage of the Build Back Better Act: We did it!
Washington, DC, November 19, 2021
Today, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Committee on Financial Services, applauds the House passage of H.R. 5376, the Build Back Better Act, a historic piece of legislation that will provide unprecedented and long overdue investments in our nation’s housing infrastructure.
“After decades of disinvestment in our nation’s affordable housing programs, years of insisting that housing is infrastructure, and months of tough negotiations, the House has persevered today. I am immensely proud that the House has voted to pass the Build Back Better Act, and that this bill is now with the Senate for what I hope to be an imminent and easy vote in favor of the American people. We have worked tirelessly to secure more than $150 billion in housing investments in this bill, which will create or preserve more than one million homes that are affordable and accessible to families in need. These funds include:
“I also have made sure that the bill includes $1.6 billion to grow minority-owned businesses.