A Strong Housing Sector is Key to a Healthy Economy and Flourishing Communities
Senator Reed is working hard to help stabilize the real estate market, especially for renters and businesses, so Rhode Island’s economy can continue to recover.
Reed has long championed efforts to make rental housing options available to more Americans and wrote the law creating a trust fund to build, preserve, and rehabilitate affordable rental apartments. He also serves as Ranking Member of the Appropriations Subcommittee on Transportation, Housing, and Urban Development, which authors the funding for the U.S. Department of Housing and Urban Development (HUD).
In addition to the cost of rentals in Rhode Island, Reed has focused on preventing foreclosures, ending homelessness, supporting the redevelopment of blighted communities, cleaning up lead-based paint in homes, weatherizing and retrofitting homes to be more energy efficient, and ensuring healthier, more livable communities.