Today, Congresswoman Maxine Waters (D-CA), the top Democrat on the House Financial Services Committee, delivered the following opening statement during a Housing and Insurance Subcommittee hearing entitled, “Expanding Choice and Increasing Supply: Housing Innovation in America.”

“Thank you very much, Mr. Chairman.

“Families across America are reeling from a growing housing and homelessness crisis. So, it’s very important we discuss expanding affordable housing through manufactured housing. And I want to thank Mr. Cleaver for his leadership and the work that he’s been doing on this issue.

“But, as usual, Republicans are talking out of both sides of their mouths. They said they want affordable housing but support Trump’s proposed budget that would cut $26 billion in rental assistance programs and defund key federal housing programs that keep families affordably housed. Meanwhile, new homes are projected to be $11,000 more expensive with Trump’s dumb tariffs.

“If Republicans are serious, Democrats are ready to work on building affordable manufactured housing that is climate resilient and shielded from predatory private investors.

“We are also ready to advance real solutions, like my bill ‘The Housing Crisis Response Act,’ which would invest $150 billion to end the housing crisis for good.

“Thank you, Mr. Chairman. Thank you, Mr. Cleaver.

“I yield back.”

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