[Congressional Record Volume 169, Number 204 (Tuesday, December 12, 2023)] [Senate] [Pages S5905-S5907] From the Congressional Record Online through the Government Publishing Office [www.gpo.gov] DASH Act Mr. WYDEN. Mr. President, I got back late last night from Oregon-- another round of community meetings. You can't do your job well sitting behind your desk back here; you have to get out into the community. I have had more than 1,000--really more than 1,060--open-to-all townhalls, in every corner of Oregon, and I am going to talk for a few minutes about the issue I hear about constantly, and that is the shortage of affordable housing for working families. I am going to talk about what it means for my constituents, but I will tell you, I hear about it all across the country and from Senators on both sides of the aisle. I have just introduced legislation with the distinguished Senator from Alaska, Senator Sullivan, about housing that is affordable for working families. Ask the New Hampshire Senators about employers and workers facing housing challenges there. Ask those from Kansas what is going on in Kansas City, where they can't house teachers. Oregonians from Brookings to Baker City are facing rising rents and housing costs and are making tough financial choices. They ought to have enough money because they are working hard to pay for affordable shelter. Here is a statistic that will give you a sense of what the challenge is all about. In my State, 26 school districts have been forced to buy, rent, or build housing for their teachers. So get this, Mr. President-- and we are westerners, and we understand this. We know we have a lot of challenges competing in tough markets. We have a leg up geographically with Asia, for example, on the west coast, but we are losing it if we don't have affordable housing for working families, for firefighters and teachers. Folks, the minority community has said: We are trying to start small businesses on a credit card, and we can't afford shelter. In Oregon, these school districts--more than 20 of them--are now basically in the housing business. How in the world--I see my friend from Alaska is here. We have been talking about these issues. It is wonderful to work with him on it. How in the world did our schools suddenly get in the housing business? I guess in some places they are going to in effect rent houses they bought to teachers, and the teachers will practically be back, I say to my friend from Alaska, in their college days. They will be waiting to use the washing machine in line with other teachers. So I just don't think it is right that all our school districts have to get into the housing business--by the way, there was a front-page story in the Wall Street Journal here not long ago about the same sort of thing in Kansas City. I have introduced comprehensive legislation as chairman of the Finance Committee to tackle this issue. It is called the DASH Act--the Decent, Affordable, Safe Housing for All Act. Today, we are just going to focus on one piece, which is affordable housing for working families. Senator Sullivan and I have teamed up here in the Senate. I am very pleased that our bill is bipartisan and bicameral. I am very pleased that our bill is bipartisan and bicameral. Representatives Jimmy Panetta and Mike Carey are offering the same kind of tax credit that Senator Sullivan and I are offering for working families, and our proposal is built on the proven and successful--what is called LIHTC--low-income housing tax credit. My view is that the combination of LIHTC, plus the help that Senator Sullivan and I and our counterparts in the House want to advance--those two efforts--could spur a juggernaut of new and desperately needed housing construction. Our bill could be a big shot in the arm to the countless middle-income Americans hoping to get their shot at the American dream of owning a home. I want, as we get into this issue of working families, to make sure that everybody understands that we are also recommitting our support to the existing programs that help the homeless and help folks of modest incomes, like LIHTC. These are people who, every week, walk an economic tightrope. They are balancing the food bill against the fuel bill and the fuel bill against housing costs. We desperately need more LIHTC funding, and as chairman of the Senate Finance Committee, I am going to continue to push that. But I don't think the two needs here for working families and low- income folks are mutually exclusive. We can do both. We ought to do both. Our country is not at its best when we pit working families against people of modest means. We ought to be extending opportunity for all Americans. I will just say--and I am going to yield to my friend from Alaska-- that small businesses across my State--and I heard it yesterday again at our business summit in Portland--can't grow because employees can't afford housing. Even when they have good-paying jobs, families are forced to search for months for reasonably priced properties, only to be up against several other families in similar circumstances and contending for the same property. So we are going to continue to try to build on the progress of LIHTC. My hope is--and I had a good talk just this morning with the chairman in the other body, Chairman Jason Smith of the Ways and Means Committee, my counterpart. We had a good conversation about the effort to get help for kids with what is called the child tax credit, and an equal amount of help for the research and development tax issue for innovation so we can outcompete China. We made good progress just in the last week, Chairman Smith and I, [[Page S5906]] in looking at the numbers and the various ways in which we can ensure that an equal amount of assistance--an equal amount of assistance--goes for the child tax credit and the research and development tax credit. One of the reasons I was so pleased to be able to come to the floor this morning and talk with my colleague from Alaska is I think we also ought to be talking about, on top of--and I use those words--an agreement that is proportional in assistance for the child tax credit and for the research and development tax credit. I think, on top of that, we ought to give a boost to housing, particularly the low-income housing tax credit, which has gotten significant support from my colleague from Washington, Senator Cantwell, and a number of Republicans as well, and we should include such a housing effort--on top of a child tax credit and a research and development-innovation package, help on housing--and make them all bipartisan. I see my friend from is Alaska here. I thank him for his cooperation. I will just say, in closing, no community is immune from the skyrocketing cost of housing. Democrats aren't usually supposed to use this word, but I will tell you I am a supply-sider on housing. We need to increase supply, and on that, Senator Sullivan and I are working together. I yield the floor to him. The PRESIDING OFFICER. The Senator from Alaska. Mr. SULLIVAN. Mr. President, I want to begin by offering my sincere thanks to the chairman of the Finance Committee, my friend Senator Wyden of Oregon. I am honored to be on the floor with him today to talk about these housing issues and this really important bill, the Workforce Housing Tax Credit Act, which, as he already mentioned, is bipartisan and bicameral. As Senator Wyden already mentioned, our country is facing a lot of challenges right now: inflation, fentanyl coming through our borders, national security threats all over the place overseas. But it is very obvious, and anyone reading the paper knows, that we are also experiencing in rural and urban America a severe housing crisis. Everywhere I travel in the great State of Alaska, I hear from Alaskans reeling from the scarcity of housing, and it is everywhere--Anchorage, Fairbanks, Sitka, Ketchikan, Kodiak--every single small rural village in my State. It is everywhere. I know it is a big challenge in Oregon, but it is a big challenge all over the country, and it is a challenge that impacts low- and middle- income families. It stands as a stark obstacle to getting and keeping jobs, to having a family, to building communities. This is really foundational stuff in terms of what matters in communities--housing. So solving this challenge has been one of my top priorities, and I really want to thank Senator Wyden and his team for being so patient in working with us--a really good partner here. This is going to take all kinds of solutions. There is no silver bullet here. It is going to take everybody pulling on the same oar--the Feds, State, private sector, Tribes, nonprofits--but this is an important start. I actually hosted the Secretary of Housing and Urban Development, Marcia Fudge, in Alaska this past August. We held a roundtable and some meetings on urban housing issues and on rural housing issues. It was very well attended. I want to thank all of the Alaskans who took part. They weren't shy with Secretary Fudge--she got an earful--and there is a whole host of things we are going to follow up on with her: challenges dealing with overregulation from HUD, homelessness definitions, housing formulas for cities. But it was progress our getting her up to Alaska. So this is progress. This is progress. What Senator Wyden and I have introduced is an exciting and creative bill that will broaden a tried- and-true Federal tax incentive program--the low-income housing tax credit. This all started during the 1980s, during the Reagan administration. It is market-based. It is private sector-focused. It is a proven, successful formula that will help catalyze the private sector to build more housing in urban and rural areas for working families. That is why we actually named it the Workforce Housing Tax Credit Act. Teachers, law enforcement, first responders, nurses, healthcare officials, electricians--the backbone of so many communities--are, right now, priced out of the market to buy a home. Expanding the low-income housing credit will help address the core issues of not just homelessness and overcrowding in many places in Alaska, particularly in rural Alaska, but it will empower hard-working Alaskans to stay in our communities and build a more robust workforce. Now, sometimes, when you bring legislation down on the Senate floor, you are not sure who is going to support it. Well, I am very proud to say that, back home in Alaska, this bill has enormous support-- liberals; conservatives; mayors; our Governor; the mayor of Anchorage, our biggest city; the chair of the Anchorage Assembly. I know these guys really well. They don't really get along on much, but they support this bill. We have Tribal groups. We have private sector groups. We have home builder groups. It is a super big list. I think that is the signal for Senator Wyden and me that we are on to something here. We are on to something here. If there aren't homes in communities for hard-working families, then entire communities are shut off for growth. Housing is a catalyst for community and economic development and good jobs and pride in where you live. This bill offers one solution that will actually lead to the construction of these kinds of housing developments. How do I know that? How can I say that? Because, as the chairman of the Finance Committee already said, we know this works. The low-income tax credit already works. We know that, and we are building on that program in the best way to ensure that the private sector will actually use this program to break open other bottlenecks for economic development. Importantly, this bill provides flexibilities to States and developers to decide what is best for their communities. It is not a one-size-fits-all Washington mandate. We don't like those in Alaska. As I mentioned, it has broad support--bipartisan, bicameral. Once again, to my friend from Oregon, I really want to thank Senator Wyden. He was very patient with me and my team as we had a number of edits. We were trying to make sure that this would work for America and Alaska. Sometimes, my State has some really unique challenges, and he accommodated so much and was very patient with us. You can tell, again, from the reaction of this broad-based group of stakeholders back home in my State, that this has a lot of support. So I thank Senator Wyden again. I look forward to working with him and my colleagues on both sides of the aisle in getting this over the goal line and addressing one of the big challenges in America that, I think, impacts every State in the country. This is one of the many tools we will use to try to address it. I yield the floor. The PRESIDING OFFICER. The Senator from Oregon. Mr. WYDEN. I will yield very quickly to Senator Peters after I wrap this up. Mr. President, first, I want to thank Senator Sullivan again for giving us a chance to bring housing, in a bipartisan way, to the Senate floor and just to tell colleagues there is an opportunity to do something really big here in the U.S. Senate. I just got off the phone again with the chairman of the Ways and Means Committee in the other body, my counterpart. We are making good progress in the effort to make sure that there is a child tax credit and a significant boost to research and innovation in this country. They have to be proportional. We have made that clear. That is the essence of a good and fair agreement. Now, Senator Sullivan and I and our colleagues who are advocating for LIHTC are getting an opportunity to also discuss building upon that and taking some steps to ensure that there is housing for working families and for low-income folks. I thank my colleague from Michigan for the chance to close this discussion up. The PRESIDING OFFICER. The Senator from Michigan. Mr. PETERS. Mr. President, I ask unanimous consent to speak for up to 4 minutes prior to the vote. [[Page S5907]] The PRESIDING OFFICER. Without objection, it is so ordered. Nomination of Harry Coker, Jr. Mr. PETERS. Mr. President, I rise in support of Harry Coker's nomination to be the National Cyber Director. The National Cyber Director is responsible for driving cyber security policy and strategy all across the Federal Government. The Office of the National Cyber Director was established by Congress in 2021 to foster a coordinated, whole-of-government approach to cyber security. Harry Coker is an accomplished leader and a dedicated public servant who is well qualified to lead this important office. Mr. Coker has over four decades of national security and cyber security experience. He served as a naval officer and in senior leadership roles at the National Security Agency and the Central Intelligence Agency, where he worked to combat cyber and national security threats. His nomination received bipartisan support from the Senate Committee on Homeland Security and Governmental Affairs, and he has been endorsed by a wide range of bipartisan cyber and national security experts. During the 2 years since the Office of the National Cyber Director was created, the office has done impressive work, including developing an ambitious national cyber security strategy and national cyber workforce and education strategy. The Office of the National Cyber Director has been without a confirmed leader for almost 10 months. A dedicated, Senate-confirmed leader is critical to building upon these efforts and continuing to grow and mature the Office of the National Cyber Director. I urge my colleagues to join me in confirming Mr. Coker to this very important role. I yield the floor.