Economy

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In a House Financial Services Committee hearing, Congressman Steven Horsford addressed Secretary of the Treasury Janet Yellen on the urgent affordable housing crisis in Nevada. He emphasized the importance of the Low-Income Housing Tax Credit (LIHTC) and proposed improvements for greater efficiency and transparency. Additionally, he lauded the success of the Direct File program and advocated for its permanent expansion to benefit Nevadans and working Americans.
Congressman Steven Horsford addressed the severe affordable housing crisis in Nevada in a House Financial Services Housing and Insurance Subcommittee, highlighting the extreme shortage of affordable rentals in Las Vegas and the significant increase in mortgage payments. He introduced The Housing Market Transparency Act to centralize tenant-focused data and improve housing safety. He also called for federal action against discriminatory lending practices to close the racial wealth gap.
NORTH LAS VEGAS – Yesterday, Congressman Steven Horsford (NV-04) participated in a series of events across the district he represents, emphasizing fundamental freedoms, economic opportunity, and community safety as part of “Defending Our Freedoms” Week of Action.
WASHINGTON – Congressman Steven Horsford (NV-04) submitted a request for over $60 million to bolster Nevada’s infrastructure and community services as part of the annual Community Project Funding (CPF) process. These investments would improve public safety, educational resources, and environmental sustainability in communities across Nevada’s Fourth Congressional District.
WASHINGTON – Today, Congressmen Steven Horsford (NV-04) and Emanuel Cleaver (MO-05), Ranking Member of the House Financial Services Committee Housing and Insurance Subcommittee, introduced the Housing Market Transparency Act to expand data availability about the Low Income Housing Tax Credit (LIHTC) program. It will mandate annual reporting of detailed property data by state housing finance agencies to the Department of Housing and Urban Development (HUD).
Today, Congressmen Steven Horsford and Emanuel Cleaver, Ranking Member of the House Financial Services Committee Housing and Insurance Subcommittee, introduced the Housing Market Transparency Act to expand data availability about the Low Income Housing Tax Credit (LIHTC) program. It will mandate annual reporting of detailed property data by state housing finance agencies to the Department of Housing and Urban Development (HUD).
WASHINGTON – Today, Congressman Steven Horsford (NV-04) celebrated the Supreme Court’s ruling upholding the funding structure of the Consumer Financial Protection Bureau (CFPB). He released the following statement:
WASHINGTON – Congressman Steven Horsford (NV-04) celebrated today’s announcement by Vice President Kamala Harris of $5.5 billion in new funding dedicated to improving affordable housing, which will bolster economic growth, build intergenerational wealth, and address homelessness across the country.
Congressman Steven Horsford, Chair of the Congressional Black Caucus, highlighted the importance of economic inclusivity and the rights of Black Americans amidst ongoing legal and political challenges. He addressed the recent legal trial of Donald Trump and emphasized the fatigue of the American public with Trump's policies and their impact on freedoms and opportunities.
Congressman Steven Horsford, Chair of the Congressional Black Caucus, joins Vice President Kamala Harris on a multi-state tour to promote economic opportunities for minority communities. In an interview with CNN International, he highlighted the White House's dedication to economic growth and the historical achievements under President Biden, such as reducing unemployment among Black Americans and supporting minority entrepreneurship.
