Frank Statement on NLIHC “Out of Reach” Report

Washington, DC - Rep. Barney Frank, chairman of the House Committee on Financial Services, released the following statement today based on information provided by the National Low Income Housing Coalition on their recent report “Out of Reach 2007-2008”: 

“Those of us committed to improving housing opportunities for lower-income Americans have come to rely on the work of the Lower Income Housing Coalition in several respects.  The Coalition’s advocacy is an important part of any effort to respond to the needs of lower-income people, and the quality of its research helps make the case intellectually.  The most recent example of this is the Coalition’s annual report on the state of housing affordability in America, entitled “Out of Reach.”  It is hard for me to understand how anyone reading this report could fail to join us in trying to increase the supply of affordable rental housing in our country.”

For more information, please contact www.nlihc.org/