Thank you, Mr. Chairman, and thank you, Mr. Jacobson. Committee members expressed serious concerns with the proposed reduction to the homeownership repair program. Members noted that the reduction would impact the number of low-
to moderate-income families being able to afford necessary repairs.
As community housing stocks increased through programs such as the Affordable Housing Initiative, repair programs are critical to maintaining the value of the housing stock and avoiding larger repair and replacement expenditures in the future. Members recognize that the corporation is committed to maintaining repair programs for seniors and persons with disabilities and supports their efforts.
Interruption.