Every American should have access to an affordable and safe place that they can call home. However, millions of struggling Americans across the country and in communities throughout Los Angeles are at risk of losing their homes to foreclosure. Supporting public housing, promoting loan modifications and protecting consumers against unsustainable loans are not only necessary to help at-risk families and individuals, but fundamental to the country’s economic recovery. The nationwide foreclosure crisis has heavily impacted California and communities in my district. The lack of affordable home-ownership opportunities must be addressed so that struggling Americans can create homes and contribute to the vibrancy of our communities.
For more information concerning my work and views on Housing issues, please contact my Washington, DC office. I look forward to your feedback.
Key Housing Initiatives & Accomplishments
- Introduced the Homeownership Preservation Education (HOPE) Act to reduce the FHA mortgage insurance premium interest rate for first-time homebuyers that complete pre-purchase counseling
More on Housing
On the campaign trail, then-candidate Donald J. Trump asked the African-American community “What do you have to lose?” in reference to voting for him. When the Rep. Bass and members of the CBC executive leadership team met with President Trump in March 2017, the caucus answered his question in the form a 130-page policy document titled, “We Have A Lot to Lose: Solutions to Advance Black Families in the 21st Century.” President Trump never responded to the document.
“Los Angeles currently has an overall housing vacancy rate of two percent, so even if you have money, you can have a hard time finding housing,” Rep. Bass said. “As rents increase because of scarce supply, people are finding themselves in difficult situations. The goal of this event was to connect people with the organizations and services that can help folks to improve their situation. I think we accomplished just that.”
“The President’s ‘stop deciding to be poor’ approach to the budget is a fundamental misstep that would permanently cripple the most vulnerable communities in the short run and erode our country’s international leadership in the long run. By proposing vicious cuts, budget director Mick Mulvaney and the rest of the Trump administration are baiting low-income Americans to look the other way as the administration sinks a knife into benefits needed to survive. No one chooses food stamps over a job.
Rep. Bass Discusses CBC Meeting With Pres. Trump, Chairman Nunes Remarks on MSNBC:
Rep. Bass Discusses CBC Meeting With ABC 7 Eyewitness News Los Angeles:
“The purpose of the meeting, which I think we made very clear, was to answer his question about what our community has to lose,” Rep. Bass said after the meeting. “It’s his budget, it’s his policy, it’s his rhetoric; all of these factors demonstrate what we stand to lose and in some cases, what we’ve already begun to lose in the first fifty days of his administration.”
During the meeting, the CBC Members will provide the President with short- and long-term solutions he can act on during his presidency to advance the African-American community in the United States.
“During the President’s campaign, he asked our community what we have to lose,” Rep. Bass said. “I think the Caucus is looking forward to answering this question and presenting options for the President to explore and hopefully implement.”