Housing and Foreclosure
The American Dream is built from hard work - but it's also made of bricks and mortar. As a member of the Congressional Task Force on Housing Stabilization, I am bringing your concerns to Washington, as we conduct a full review of national housing efforts. My goal on this Task Force is to improve programs that have been successful and amend those that are in dire need of changes and improvements. In spite of many programs designed to stop foreclosures, the rates in our district have increased since last year. With nearly 11 million homes worth less than the underlying mortgage, we must do more for hardworking American homeowners who have lost their job through no fault of their own.
I am dedicated to doing everything I can to keep Americans in their homes. It is crucial that affordable housing be available in Atlanta. I will continue to support legislation and programs that encourage mortgage servicer reform, loan modifications, and housing counseling. We cannot lock the door on the American Dream.
More on Housing and Foreclosure
In response to news reports about the sluggish disbursement of $339.9 million in Hardest Hit Funds to Atlanta area residents facing foreclosure, Rep. John Lewis wants his constituents to know he has been demanding answers from federal agencies for several months to address this problem. He first learned about the bottleneck in June of last year.
ATLANTA – On Monday Rep. February 27 Rep. John Lewis hosted his annual Legislative Luncheon at the Georgia Depot. Every year Lewis brings members of the Georgia State House and Senate together with city officials and local legislators to discuss issues facing the Fifth Congressional district. Legislators share concerns, ideas, build alliances, and develop collaborative strategies to help address the district’s problems.
WASHINGTON—Today President Barack Obama announced the results of a series of negotiations with America’s top five banks. He described a $25 billion settlement in an attempt to move beyond the housing crisis that sent this nation’s economy, international markets, and the economy of Atlanta in particular into a tailspin. Rep. John Lewis offered this statement after his initial evaluation of the settlement deal.
“President Barack Obama presented an inspiring vision of the future to the Congress and the American people tonight. An America built to last should certainly be the hope of every member of Congress and every citizen of this nation.