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Congresswoman Joyce Beatty

Representing the 3rd District of Ohio

National Urban League Honors Beatty with the I AM EMPOWERED Shirley Chisholm Housing Award

May 18, 2016
Announcements

National Urban League Honors Beatty with the  I AM EMPOWERED Shirley Chisholm Housing Award

Award is presented annually to a Member of Congress working to secure and expand quality, affordable housing. 

Today, U.S. Congresswoman Joyce Beatty (OH-03) received the National Urban League’s (NUL) I AM EMPOWERED Award for Housing. NUL honored Beatty for her longtime commitment and work to provide safe and affordable housing to all Americans.  

“More than 21 million American families pay nearly one-third of their income toward rental housing,” Beatty said. “Unfortunately, the supply of affordable housing has not kept pace with demand. To bridge the gap, I have introduced legislation that would increase the supply of quality, affordable housing for hardworking families.” Beatty concluded, “I will continue to do everything in my power to expand access, and will work with the National Urban League, like-minded organizations and my fellow Members of Congress to make it happen. Again, thank you to the National Urban League for this amazing honor.”

Beatty’s Jumpstart Housing Opportunities Utilizing Small Enterprises (HOUSE) Act, H.R. 5144, would reauthorize the State Small Business Credit Initiative (SSBCI) program for an additional eight years with $1.5 billion in new funding. The SSBCI disperses funds to participating states who in turn award funding to small businesses for state-sponsored venture capital programs. Without reauthorization, the SSBCI is set to expire at the end of Fiscal Year 2017 (FY2017). H.R. 5144 will improve SSBCI and credit support programs by requiring state business development agencies to set aside the lesser of $2.5 million or 10 percent of unobligated funds for small businesses to purchase, rehabilitate, or operate affordable housing units.