From the interview, Senator Sherrod Brown:
A year and a half ago, the Bush administration was fighting the first Neighborhood Stabilization program, and we eventually convinced him not to veto the whole bill based on that provision.
This year, we have a President, with the Secretary of HUD, who is out front on understanding urban issues and understanding what we need to do with rebuilding our country.
There are two ways out of a recession, historically, in this country. One is the auto industry, and the other is housing. We've got to do both, but what we need to do in every community is rebuild the housing so that the housing stock gives people in neighborhoods a chance.
So many people have lost their homes or have seen their neighbors lose their homes, affecting the value of their home, especially in middle income and lower income neighborhoods, but everywhere really - rural, urban, and suburbs.
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