In Affordable Housing Finance's (AHF) article discussing Rep. Maxine Waters' (D-CA) draft legislation of her Housing is Infrastructure bill, CLPHA's Sunia Zaterman told reporter Donna Kimura that Waters' bill, which would allocate $70 billion for the public housing capital fund, is attempting to get the public housing industry "on an even keel."
Zaterman told Kimura, “We do have challenges moving forward in the appropriations process on the annual funding levels for public housing operating and capital funds, but what Ms. Waters is saying in this bill is that we can no longer stand by idly and watch this public investment start to crumble when we need it the most.”
Zaterman added that Congress must also consider expanding additional tools that PHAs can employ in their public housing development and renovation efforts, such as the Rental Assistance Demonstration (RAD) program and Low-Income Housing Tax Credits (LIHTCs).
AHF also quoted Zaterman's April 30 press statement on Waters' draft legislation and the House Committee on Financial Services April 30 hearing “Housing in America: Assessing the Infrastructure Needs of America’s Housing Stock":
“Public housing is as a much a part of the national infrastructure as Route 66, the Lincoln Tunnel, and the Hoover Dam,” said Sunia Zaterman, executive director of the Council of Large Public Housing Authorities. “Public housing helps communities and families thrive by providing more than 1 million low- and very low-income families, children, elderly, and persons with disabilities with a stable place to live, connecting low-income workers to economic opportunities, and spurring regional job creation and economic growth.”
“But, years of chronic underfunding have led to the deterioration of the public housing stock, and, since 1990, at least 300,000 units have been lost because of the lack of adequate resources to maintain them. The federal disinvestment in public housing has contributed to an untenable shortage of stable housing for low-income households,” Zaterman added.