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Washington Review, August 9, 2013

Aug 9, 2013
Washington Review

Last Tuesday, July 30th, 8-month-year-old Angelie Paredes was the victim of a senseless tragedy involving an Omni bus (jitney bus). My deepest condolences to the Paredes family during this extremely difficult time.

This tragedy should not be forgotten. As elected officials, we must make certain that operators are held responsible so a senseless tragedy such as this doesn’t happen again. As a member of the House Committee on Transportation and Infrastructure, I will be working with my colleagues in Congress and local officials to ensure that strict regulations are not only in place, but actively enforced so that all drivers are properly licensed and trained, and that all vehicles meet strict safety standards. We must do our part in building safer, more livable communities. These important first steps need to be taken at the local level as well as the national level.

Also last week, President Obama delivered an address in Phoenix, AZ, regarding the state of the housing market. Foreclosures are at their lowest levels since 2006, and home values are increasing at double digit rates. American families are now on pace to purchase over 5 million homes this year, however, more still needs to be done.

The President’s multipronged approach aims to stabilize the housing market and help Americans continue to achieve the American dream of owning their own home. In his plan, the President proposes taking executive action to cut red tape so responsible families will have access to safe, dependable financing such as the 30-year fixed mortgage rate. Additionally, the President has called for increased incentives for lenders to deliver high quality loans and products, and for continued relief to communities affected by foreclosure through the Hardest Hit Fund (HHF) which provides relief to homeowners at risk of foreclosure.