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Originally Processed With FOIA(s): FOIA Number: S S FOIA MARKER This is not a textual record. This is used as an administrative marker by the George Bush Presidential Library Staff. Record Group/Collection: George H.W. Bush Presidential Records Collection/Office of Origin: Speechwriting, White House Office of Series: Speech File Backup Files Subseries: Chron File, 1989-1993 OA/ID Number: 13693 Folder ID Number: 13693-009 Folder Title: National Association of Realtors 11/10/89 [OIA 6270][2] Stack: Row: Section: Shelf: Position: G 26 19 4 6 THE WHITE HOUSE WASHINGTON November 9, 1989 MEMORANDUM FOR THE PRESIDENT THROUGH: CHRISS WINSTON cw FROM: DAN MCGROARTY Much SUBJECT: NATIONAL ASSOCIATION OF REALTORS REMARKS I. SUMMARY On Friday, November 10, in Dallas, Texas, you will address the National Association of Realtors' annual convention. The speech is at 2:15 p.m. at the Anatole Hotel. About 6,000 people are expected, and the speech will be teleprompted. II. DISCUSSION The speech announces a set of initiatives for America's HOPE (Homeownership and Opportunity for People Everywhere). HOPE includes programs to help first-time homebuyers, low- income families, and the homeless. Secretary Kemp, Director Darman, and Roger Porter have received information copies of these remarks. Also announced in the speech is the linkage of the Low- Income Housing Tax Credit to the capital gains tax cut. ### McGroarty/Dooley November 9, 1989 12:15 pm [REALTORS] PRESIDENTIAL REMARKS: NATIONAL ASSOCIATION OF REALTORS DALLAS, TEXAS NOVEMBER 10, 1989 2:15 P.M. Thank you, Ira [Gribin]. I know I speak for everyone here today when I salute you for serving so ably as President of the National Association of Realtors. My best wishes to your successor: Norm Flynn. // Let me recognize the man who's doing such wonderful work, putting through the tough new reforms that ensure that his agency serves people in need, my Secretary of HUD, Jack Kemp. And two fine members of Congress who have travelled down on Air Force One with me today, Senator Phil Gramm and Dallas' own Congressman, Steve Bartlett. [[ Ira mentioned to me this afternoon that my speech is a special occasion for this association. // I said I was honored -- and then Ira said "It's not often that we're addressed by someone who lives in public housing." ]] //// [[ The truth is, I am not a real estate wizard. When I was elected to Congress back in 1966, we needed to make housing arrangements up in Washington. At that time, Senator Al Simpson's father, Milward, was retiring and moving back to Wyoming. So I bought the Simpson place -- sight unseen -- made the deal over the phone. When we got to Washington, there were just two problems: we found out right away the house wasn't 2 quite big enough for the Bush family -- and we found out when we put the place up for sale that it wasn't worth quite as much as we paid for it. /// That's my claim to fame: I'm the only person who ever lost money in Washington real estate in the last 20 years. /// Ira, where were you when I needed you? ]] But few people have done more for the real estate industry than I have. // Barbara and I have moved 28 times in our 44 years of marriage. /// Now I know what you're thinking -- what a dream client my family would make for any realtor. /// In fact, OMB is calculating the commissions we've paid over the years -- measured as a percentage of the GNP. ]] //// I came here today to lay out a comprehensive agenda to help bring basic shelter and affordable housing within reach of millions of Americans. I call it America's HOPE -- Homeownership and Opportunity for People Everywhere. But before I tell you about HOPE, I want to speak for a moment about the single most important factor in helping millions of Americans realize the American Dream: the economy. Because the truth is, there's no better housing policy than a growing economy. And we've got one. One that provides jobs, wages and opportunities for advancement -- long-term interest rates that open ownership opportunities to hundreds of thousands of first-time home buyers. Because every drop in interest rates makes it possible for more families to buy that home they want. And I pledge that my Administration will vigorously support the mortgage interest and property tax deductions. These deductions 3 encourage home ownership -- and are important to our overall economic prosperity. And all signs point to continued strength in the economy. November marks the 84th month of economic expansion -- the longest peacetime expansion on record. And here's one statistic that really hits home: mortgage rates are down from almost 14% back in November 1982 to less than 10% today. My goal is to pursue policies that will bring them down even further. of course, part of any responsible economic policy is getting our fiscal house in order. // I want you to know that my Administration is hanging tough for a responsible budget -- with real deficit reduction, no smoke and mirrors. We don't like sequestration -- no one does. But we'll live with it if we have to -- if it's the only way to rein in spending and bring that deficit down to the Gramm-Rudman target. I'm ready to sign a budget bill -- whenever Congress is ready to strip off all the costly extras and add-ons hidden away in those omnibus spending bills. And I'm optimistic -- optimistic that my Administration and the Congress can agree on a responsible budget. Optimistic that we'll see more and more Americans prospering -- providing better lives for their families, and looking to all of you to help them realize their dreams. And I know we can count on you -- just as we counted on your strong support in helping to pass the 1988 Fair Housing Act. Ira, that's a tribute to your leadership -- to your organization 4 and its dedication to the right of all people to be free from discrimination and prejudice. But more must be done, and that's where the HOPE initiative comes in. This initiative will address the full range of housing concerns: from shelter for the homeless to affordable housing for low-income families -- to initiatives that open access to expanded job opportunities, and help millions more Americans own their own home. Let's start right there -- with what HOPE can do for first- time home buyers. You all know about families working to buy that first home. Well, they deserve our help -- and they're going to get it. I will ask Congress to enact legislation allowing first-time buyers to draw, without penalty, on IRA savings as a downpayment for that first home. Our HOPE initiative also means efforts to improve low-income housing. As you know, my Administration rejects costly new public construction programs that, in the past, have too often produced the housing projects that symbolize the very absence of hope in our inner cities. There's a better way: housing vouchers -- that let low-income families choose where they want to live. Our idea is to create incentives for the construction of the housing low-income families need. That's why I'm calling on Congress to renew the Low-Income Housing Tax Credit -- but make it part of a package that also includes a cut in the capital gains tax. A cut in capital gains means an increase in jobs, 5 investment and growth. I know the National Association of Realtors has fought hard to make a capital gains cut a reality. Well, the fight's not over. /// But we've got to go one step further -- in those pockets of poverty where despair has driven out hope, we've got to eliminate the capital gains tax altogether. That's a key element in the Enterprise Zone legislation I want to see enacted. I've called on Congress to create at least 50 Enterprise Zones over the next four years to help create the jobs and incomes that are the real key to affordable housing. I hope Congress gets the message. It's time we gave the green light to our inner city entrepreneurs. And HOPE can help us reverse a trend that's stunting growth and development in low-income areas. Over nine million Americans live in FHA-insured homes, and every year nearly half a million first-time homebuyers use FHA to help them make their dream affordable. My Administration has announced major reforms to ensure that FHA is true to its primary mission of making housing affordable for low and moderate income families. We will change the destructive practices which have kept FHA out of the inner cities and distressed communities that most need its support. And -- at all levels of government -- we've got to take a second look at some of the well-intended housing policies that actually decrease our housing supply. I'm talking about the excessive rules, regulations and red tape that add unnecessarily Jamie Humes 6 659-8201 to the cost of housing -- by tens of thousands of dol create perverse incentives to allow existing housing to deteriorate. I have asked Jack Kemp to convene a Blue Ribbon Commission to identify barriers to affordable housing -- and to make recommendations on how these barriers can be removed. And let me make the first recommendation right here: no city, state or town should receive a single penny of HOPE funding until they have identified barriers to affordable housing in their own back yard -- and start taking steps to remove them. /// You know, Winston Churchill once said about the buildings we institutions our buildings live in, "We shape them -- thereafter, they shape us." The same is true when it comes to low-income housing policy. Par Frazie That's the real centerpiece of our HOPE initiative: to recapture the American dream of home ownership for those who have been left behind -- through resident management and resident ownership. It's already working: In Kenilworth-Parkside, back in Washington, D.C. In Cochran Gardens in St. Louis. By encouraging non-profit and resident groups, it's going to work right here in Dallas -- at places like Rhoads Terrace under the take-charge leadership of a welfare mother named Jessie Toles -- and all across the United States. The results are promising: with tenants in control, we see better maintenance, more rents paid on time, a decrease in people on the welfare rolls. And we see something more: a sense of pride that is the very core of any thriving community. 7 I don't know any better way to revive hope in our inner cities than to give tenants themselves a say in running their communities, a stake in the future and the belief that they, too, can own a home. Because the true measure of success isn't how many families we add to housing assistance rolls. It's how many families move up and out -- and into the ranks of homeowners. /// But there's more to the HOPE initiative. And now I'm talking about people who stand in the shadows of what is otherwise a very bright economic picture -- who live a nightmare in the midst of the American Dream. We see them every day -- on the streets of our cities, sleeping on steam grates, living out of cardboard boxes. The homeless. // For most of us, November is the time of year we start looking forward to the holiday season: Thanksgiving, Christmas, New Years. For the homeless, November is the time of year the temperature starts to drop, and simply making it through the night becomes a life and death struggle. // Think about the children. Pretty soon, your kids will be dreaming about Christmas toys -- that new video game or new bike they'd like. It's different for kids on the street. I read a story not long ago that's stuck in my mind about a little boy without a home. Here's what he dreams about at night: "I dreamed my Mom got her [housing assistance]," he said, "and we got a house with a great big back yard." 8 But in the morning, for that little boy, the dream is over. He is up at 5:30, out of a shelter and back onto the streets. /// That's a tragedy -- because no child in America should have to grow up on the streets. And every family in America should have a roof over its head. /// My Administration is going to do its part to expand emergency shelters. We're committed to fully funding the McKinney Act. And today, I'm asking Jack Kemp to find new ways to put a portion of our FHA foreclosures and properties from our failed S&Ls into the hands of non-profit groups -- groups that are doing such wonderful work rehabilitating abandoned homes, and fighting poverty in our inner cities. But the real answer for the homeless -- those with mental problems or dependent on drugs or alcohol, is shelter plus care: shelter supplemented by the necessary support-services to get these people the help they need to live in dignity. And that means a partnership -- a combined federal, state and local effort -- to supply the funding and other resources that constitute a comprehensive solution for the hard-core homeless. And if we care about them, we've got to take more than a one-dimensional approach to the problem. The key here is coordinating basic needs like shelter with other social services -- to help the homeless get the treatment they need to get control of their lives. To help them find and hold down jobs. To help them regain hope -- and leave life on the streets behind for good. /// 9 Helping the homeless. Helping low-income families find affordable housing, decent housing. Helping more of the 80 million Americans who don't own a home join the ranks of homeowners. Those are the aims of the HOPE initiative -- aims well within our reach. Think about that little boy I spoke about a moment ago. Think about his dream -- because it's really the American Dream - - what all of us want for ourselves and our families. /// We must unleash the resources of the profit and non-profit sectors, of churches and synagogues, states and localities in our great national enterprise to assure safe, decent, and affordable housing for all. Only then will we be able to replace hopelessness with hope. Only then will we be able to wage war on poverty and despair. And only then will we be able to complete our vision of a free and prosperous America, full of opportunity for people everywhere. Thank you. God bless you -- and God bless the United States of America. # # # es of Winston Churchill A Time of Triumph: 1950 8119 S well try to learn from I have only one word more to say, because interruptions have rather lengthened he said in moving the what I had thought of saying. Uncertainty-I address myself very much to the Prime Minister-about the election date is harmful. Prolongation of the electioneering atmo- sphere is not good for the country. A year has passed already in which we have lived in that atmosphere, which can be felt here; even already it has infected our new House. The House is not at its best when parties are so evenly balanced and on the verge of another appeal. The increasing rigidity of party discipline deprives debate of much set lower than of its value as a means of influencing opinion except out of doors. All kinds of uncertainties are created in every direction; all kinds of animosities and rancours are fed and worked up, on both sides, I fully admit-[Hon Members: 'Oh.'] Certainly; and I cannot think it good for the country that this should continue. The Prime Minister deliberately tries to increase and prolong this uncertainty. He says: 'The election will ] : Will the right hon come at the moment when I judge fit.' in the observations I Mrs. Braddock (Liverpool, Exchange): What did the right hon Gentleman do in ice, forced down the 1945? clared for a minimum Mr. Shurmer: What would the right hon Gentleman do? rwards the right hon Mr. Churchill: The hon Gentleman asked what I would do. I say deliberately imum production of that I think that if I were with the responsibilities of the Prime Minister at this juncture, having regard to all that is going on, I would try to limit the uncertainty as Gentleman who speaks much as possible. I would carefully consider whether I could not say, provided we had 'target.' There can be the control of events, that we should not have an election until a certain date. I think o build at the rate of it is well worthy of consideration whether that might not be of general interest. <actly what the Prime [Interruption. ] I have finished. I have given the hon Member more than he deserves. g'-how irresponsible, Of course, it is very natural that anyone should like to feel that he can keep the rest of of this country know his countrymen on tenterhooks and that we are always awaiting the moment when he 1 year is a perfectly shall give the signal. All I can say is that I am quite satisfied that the right hon d immediate aim? Gentleman is indulging his personal power in these matters in a manner most costly to traordinary thing that the community and harmful to all large enduring interests of the State. 200,000 to 300,000 ggested it. It seems to proportion to suppose es a year more is an ould it be thought to HOUSING 000,000 a year. That November 6, 1950 perly arranged [Hon and a reasonable time House of Commons ily, it should not be the expenditure of The hon Member for Blackley [Mr. Diamond] seemed, so far as I was able to doing that when we follow his argument, to be somewhat diverging from the party line in addressing ear. It is a very small himself to the merits of the subject. I am bound to say that it seemed to me that he not let the House be raised many interesting points in the course of his speech. Of course, one quite realized nbers opposite, most the strength of feeling behind his condemnation of vote-catching in any form. That is ; a year built for the certainly greatly to be deplored. On the other hand, we must not forget what votes e shall ask the House are. Votes are the means by which the poorest people in the country and all people in 'e mismanagement of the country can make sure that they get their vital needs attended to. [Hon Members: 'Hear, hear.'] I am very glad to begin upon a note which receives such universal 8120 Speeches of Winston Churchill approbation because I had, after all, been led to expect that I was to undergo very unpleasant ordeals on this day. The Prime Minister-he is not here at the moment-ex- pressed his confidence that the Minister of Health [Mr. Bevan] would 'wipe the floor' with me. As I have only just taken the floor and he has already exhausted his right of speaking, I naturally feel a sensation of liberation and relief. But I cannot feel that this prospect, or the language of the Prime Minister, did justice to the grave issue open between the two parties and still less to the housing problem. The suffering caused to millions of people by the want of houses throughout the island is a tragedy, and this is on quite a different level to any clashes that may occur across the table, or across the floor, between individual Members of the House. I think this Debate should end, as it has largely been maintained, upon a serious note, and I was very glad that my hon Friends on this side of the House did not allow themselves to be provoked by taunts or abuse from an embarrassed party or a guilty Minister. During the whole of the last Parliament the need for houses and the failure to supply them was constantly debated, and the outlines of the controversy are familiar to us all. It is necessary, however, to restate the salient points on the verge of an important division. They may be summed up as follows: First, the expectations aroused by the Government's assurances and pledges in 1945; secondly, the extraordinary shortfall in their fulfillment; thirdly, the gravity of the position and prospects now before us; and finally, the need and the hope of a new constructive effort. It is on these points I shall venture to dwell tonight. The House knows only too well the catalogue of pledges and promises which were made to the people by the Socialist Party during the election of 1945. All were renewed on many occasions by the responsible Ministers after they had obtained power and were fully acquainted with official facts and figures. A few examples will suffice-I do not wish to burden the House with them. The former Minister, Mr. Charles Key, said on 12 October 1946: Six million houses are needed in the next ten years. To get that figure we shall have to build 600,000 a year, but I believe that by temporary prefabs and things of that sort we shall be able to do it. The present Minister of Health said on 24 May 1946: I confidently expect that before the next election every family in Great Britain will have a separate house. Again, two years later, on 24 April 1948, he said: By the next General Election the back of the housing programme will have been broken. Contrast all this-and it could be multiplied to any extent; whole budgets of quotations are available-with the actual performances of the Socialist Government. In ston Churchill A Time of Triumph: 1950 8121 undergo very 1948 they had reached a total of 227,000 permanent houses. Since then, instead of moment-ex- getting better, things have got worse; and in 1949 the total of permanent houses was vipe the floor' only 198,000. These results are indeed deplorable when we consider the crying need, ed his right of the vehement demand and the immense subsidies now being paid, and when we com- feel that this pare the results with what was being done with hardly any subsidies, on a very small ve issue open scale, before the late war broke upon us. The Prime Minister said in the Debate last week: roughout the at may occur We consider that the 200,000 houses a year is an actual programme, a House. I think programme which is being carried out, and it is as nearly as possible the S note, and I number of good houses which can be built with the available resources of W themselves labour and materials. ilty Minister. ure to supply I must say that I think that statement cast a chill on the party opposite. On the other iliar to us all. hand, it has certainly been endorsed today by the Minister of Health. He has con- an important firmed it and in every way associated himself with it. That is his duty, and any bused by the exhibition of loyalty on his part to his chief might well excite approbation even y shortfall in beyond the limits of the Government Bench. efore us; and What a strange position we find ourselves in tonight. The Conservative Party ask points I shall for the house building to be raised to a rate of 300,000 a year at the earliest moment. The Prime Minister, supported by his most ardent champion, declares that 200,000 is mises which the most that can be done. Our demand, which represents the wish and the will of the 145. All were nation, is dismissed in contemptuous terms and brushed aside with all sorts of asper- ad obtained sions on our motives. One would have thought it would have been welcome, and it xamples will might even have afforded a basis for common action. The prime basic fact which stares Minister, Mr. us in the face tonight is that building at the rate of 200,000 a year in no way solves the problem. We do not make any progress with rehousing the people. We only keep level with houses which are already falling or have fallen into decay. The social evils affect- figure ing every aspect of our life, which are connected with the present housing shortage, are porary now presented to us by the Government as bound to continue, so far as can be seen, indefinitely. Sir, that situation is obviously intolerable. Take the argument about comparing what was done in the five years after the First World War. There is this great difference between them. The first is that after the First World War there was no American aid. [Hon Members: 'Cheap.'] On the con- Great trary, a hard demand was pressed upon us for the repayment of war debts. The second is that there was practically no destruction by bombing in the First World War. Thirdly, the local authorities were virtually without experience of building in 1918. This time they had all the practical experience gained by the pre-war slum clearance and other municipal housing schemes. And finally, far more preparations were made le will by the war-time Government on this at the end of this war than were ever thought of in 1917 or 1918-[Interruption] I am talking of the National Coalition Government and, on this occasion, there are still one or two representatives of it on the Front budgets of Bench. ernment. In What stood out dramatically at the end of this war was the need to rehouse the 8122 Speeches of Winston Churchill people after the devastation of the bombing. We all recognized it in the National Coalition. I will read to the House what I wrote at the time to some of my col- leagues-on 5 April 1944: The whole of this emergency housing scheme must be viewed in rela- tion to a ten-years' plan for the steady, full-time employment of a consid- erably enlarged building trade for permanent houses instead of a fever for three or four years and then a falling off. The building trade should have a broad and steady flow giving all its members a good assurance of employ- ment and thus encouraging piece-work. Everyone realizes, of course, that what is given for one purpose may, to some extent, have to be taken from others. The Government supporters naturally seek to obtain from us a list of reductions or economies which we would make in order to use these for electioneering purposes. That is quite natural in the unhappy conditions in which we have lived for a year and which seem likely to continue. I have no intention of making any piecemeal propositions. [Laughter. I have a feeling, listening to the debates and watching hon Members opposite, that their anxious consciences find relief in laughter. No one would grudge them any solace they can get from giggling. Naturally, I. have no intention of making piecemeal propositions. There is no obligation on a party in opposition, without access to Government machinery, to produce a detailed scheme. That can only be done where they have the power to act. But it is on such a definite, general design alone that changes of a large character of this kind can be judged. It may well be that a general design for an increase in housing would contain some features unpopular in themselves, but when presented in its entirety and harmony it would be greatly in the interests of the nation and would be generally welcomed. In this matter of housing there are two questions: first to get the houses, and second to allot them. Do not let us quarrel too much about the second point. Do not let us quarrel so much about it as to prevent us from achieving the first, without which the second would not arise. Mrs. Beeton and, I believe, her predecessors in the Cook- ery Book, begins the recipe for jugged hare, 'First catch your hare.' One of the reasons for the Minister of Health's failure is that he mixed up these two processes. In order to make sure that nobody who was well-to-do could get a house, he has in fact prevented large numbers of houses being built for the ordinary wage earners. I listened to the speech of the right hon Gentleman tonight with sorrow, be- cause-here I make an admission-I do not believe he is as bad as he makes himself out. But I will say this to him. Hate is a bad guide. I have never considered myself at all a good hater-though I recognize that from moment to moment it has added stimulus to pugnacity. People who have been denied an opportunity in life are deeply embittered, but the Minister of Health does not belong to that class. No man's services in the war were accorded such a wonderful reward as he received. With the mood, and the need, and the ruins in the country glaring at us all from day to day, and with the piling up of arrears of house-building, could there have been a task so plain and so inspiring as that which was offered to him? It was one which any man of vitality and vigour, in the inston Churchill A Time of Triumph: 1950 8123 in the National prime of life, and gifted with abilities of a high order and Parliamentary gifts, would ome of my col- have embraced with joy, and gratitude to the land in which he lived. With the immense powers at his disposal under wartime regulations and with the long five years which have been granted to him, he might have left a mark upon the social life of the British d in rela- people, and rendered them a service which would have made his name at once famous a consid- and beloved. I cannot understand how this did not appeal to him, and how it did not fever for drive out all hampering passions and prejudices, the indulgence of which have led to ild have a the present unhappy plight that he is in. employ- It is not only a question of building houses-not only a question of numbers-but the cost has risen to a point which, despite subsidies on an enormous scale, involves rents which many of those in most need of houses cannot afford. The rents charged to may, to some the tenants have risen remorselessly. Before the war the average rent of a local council turally seek to house was 7s. a week. [Hon Members: 'No.'] In many places now £1 a week rent is in order to use charged. In some cases, 25s. is charged by councils. , conditions in Mr. Bevan rose- re no intention Mr. Churchill: No, I really cannot give way. [Hon Members: 'Give way.'] I do istening to the not want to be-[Hon Members: 'Give way.'] We can always shout each other down. I nces find relief do not want to be involved in a personal altercation. We gave the right hon Gentleman gling. a patient and courteous hearing. There is no use in having a state of rowdiness, as if S. There is no rowdiness paid any party. I do not want to be involved in an altercation with the right machinery, to hon Gentleman. However, if there is a point on which I am in error and upon which I : power to act. am open to correction I will gladly give way. e character of Mr. Bevan: I am very much obliged to the right hon Gentleman for giving way. I ase in housing am not anxious to engage in a personal altercation. I only want to get the facts correct. esented in its The right hon Gentleman has compared the net rent of a pre-war house with the gross and would be rent of a post-war house. Mr. Churchill: No. e houses, and Mr. Bevan: Yes. As representatives of local authorities who saw me the other day point. Do not will confirm-and there are hon Members now sitting on both sides of the House who vithout which were present with the deputation-the average rentals in Great Britain upon which the S in the Cook- subsidies are based are rents of between 14s. and 15s., including the repair allowances, of the reasons as against the net-[ Interruption.] Perhaps hon Members will just listen. The rents es. In order to upon which subsidies are paid are net rents, and the 7s. compares with the 14s. to 15s. act prevented post-war rents. Mr. Churchill: The other day the Chancellor of the Exchequer showed us how all h sorrow, be- the rise in the cost of living was a delusion. The Minister of Health now proceeds to S himself out. show us that there is no appreciable rise in rents. I am told that in some cases they nyself at all a have gone up to 25s. and 27s. a week, and that is clearly a level which ordinary d stimulus to working people cannot pay out of their wages. So much for the cost, which has y embittered, certainly greatly increased in housing. es in the war When we complain that houses have not been supplied in the necessary quanti- and the need, ties it is said: 'Half a loaf is better than no bread.' But half a house is not a good plan. e piling up of We could usefully use more two-bedroomed houses, and more small flats for old piring as that people enabling them to move out of their large houses to make room for families. igour, in the Any habitable house is better than no house at all, or a house so dear that the poorest 8124 Speeches of Winston Churchill class, for which it is built, cannot afford to pay the rent which the local authority is bound to charge. There are many cases of that of which we know, and the richer class of people take the houses because those for whose needs they were specially designed and intended are unable to reach the level of rent. It is no service to the lower income group to offer them prizes which are beyond their reach; indeed it is a mockery. Before the war, the size of a house was 800 square feet. The Government raised it to 1,050 square feet. That is more than the figure that rules in the United States, whose economic position is vastly more powerful than our own, and from whom we have received such immense assistance. The amount of space is less important than how it is used. I am assured that there may well be scope for improved design within the existing compass of housing. It is necessary also, I think, for the Government to understand the peculiar position of house-building labour. I said some time ago how a bricklayer and his mates engaged in building a house were like people living on a raft of which they had every day to burn a plank or two to cook their dinner. That is the feeling which is in their minds. They ask themselves what is going to happen to them when it is finished. In the present circumstances there is a field of employment for the house-builders unlimited for many years except by Government decision. As I said earlier, I thought that we should give them an assurance of a ten-years' guaranteed programme. Free from the anxiety that their work may end with the job, they could go ahead with piece work without fear or stint and all the incentives, including the bonus system, could apply. Here alone might be a 20 or 25 per cent increase in the building effort. There is really no reason why the output per man in the building trade should be lower than pre-war or so much lower than in the United States. Make them a fair and attractive proposi- tion and we will get surprising results, but this policy of the Prime Minister that 200,000 is the limit, endorsed by the Minister of Health-I daresay to his regret-is bad for the rate of output-even within that limit. There is no trade in the country which can more readily adapt itself to a static condition than the building trade. They would like a progressive condition but they are quite ready, after the rough time which they have had in the last generation-I have seen it: the first to be called up for mobilization and so on and the first to be turned off when building slackens and so on-[Interruption.] I am the author of the labour exchanges and the first Unemployment Insurance Act. I was in these matters years before many hon Gentlemen opposite were able to take an adult interest in them. I say that they are quite ready, after their experiences, to settle down into a static condi- tion. The Government limit of 200,000 houses-it was only 175,000, as the Minister reminded us, until this new Parliament forced the restoration of the cut-undoubtedly has most evil and discouraging effects. How long it is to last, we cannot tell. The late Chancellor of the Exchequer, whose absence from our councils we deeply regret and still more the reasons for it, told us in the Budget that this limit would last for three years. Such a limit, or anything like it, must reproduce the deterrence of efforts, enterprise and piece-work which ruled in the days when the building trade had always an unabsorbed tail of unemployment. Winston Churchill A Time of Triumph: 1950 8125 local authority is Therefore, when I endorsed as a resolute aim of the Conservative Party the nd the richer class raising of the rate of building to 300,000 a year, I did not mean that to be the static specially designed limit. We shall thrust towards it with all our life, strength and wit, but once this figure the lower income gleams upon our horizon-'forward again' must be the policy and the order. So much it is a mockery. for the Government's policy and the Prime Minister's statement. I am sure that the iment raised it to Prime Minister's statement represents the rigid attitude of planners who understand ted States, whose only about half of what is really going on. 1 whom we have Now I come to the question whether the proposal we make is possible and int than how it is practicable, or whether it is all moonshine. [Hon Members: 'Hear, hear.'] I am ithin the existing glad to carry Members opposite with me. I said that 100,000 houses would cost £150,000,000 a year from an annual income of over £10,000,000,000. The Prime and the peculiar Minister's reply is that houses are not built with money. Money, of course, is only a er and his mates fairly well-known method of expressing effort and resources. I am surprised it has not h they had every occurred to the Prime Minister, because it has been known about in quite a lot of which is in their countries for quite a long time. Let us look at the additional effort and resources ; finished. In the required. Judgment on this kind of enterprise depends on two conditions: are they so ilders unlimited big that they are beyond our power, and, secondly, if they are within our scope, are thought that we there bottlenecks which prevent them? Several constructive speeches have been made Free from the today. We have also made, in our own research department, a considerable examina- with piece work tion. My personal experience of Government machinery is considerable, and I must say m, could apply. that I have never seen a major task which I was more sure of as being within practical There is really limits. I would not fear to take responsibility for this achievement. I offer my assur- er than pre-war ance that it is a reasonable objective, and that, should we be called upon to exercise ractive proposi- power, it would receive the highest priority and the most vehement effort jointly with e Minister that national defence. is regret-is bad That is what I have to say on the proportion, but let us now look at the bottlenecks. My hon Friend the Member for Wallasey [Mr. Marples], in his admirable tself to a static speech today, dealt with these details. I was very glad that with his technical dition but they knowledge he was able to put this subject before the House as a practical matter of eration-I have detail and on its merits, instead of trying to reduce it to the ordinary bang and slam on st to be turned one side and the other of party politics. I was sorry that my hon Friend, a private r of the labour Member speaking from a back bench, should have been made the victim for so matters years prolonged a personal attack by the Minister of Health. I really thought that the : in them. I say Minister would have done himself much more good-though he is the judge of that-if a static condi- he had devoted himself to the merits of the question, and tried to give the House the feeling that his heart was burning to conquer in this struggle to find homes for the as the Minister British people. I shall not attempt to go into details. [Hon Members: 'Go on.'] If I did -undoubtedly so, I would trespass on the reply to this Debate. it tell. The late The Secretary of State for Scotland [Mr. McNeil] : If another five minutes would ply regret and furnish the House with any details, I should be delighted to give up that time. 1 last for three Mr. Churchill: 8,000 million bricks were made before the war, but we are now ice of efforts, making a little over 6,000 million. Of this 6,000 million a little more than 3,000 de had always million are used for the construction of the traditional brick dwelling-house. Out of them are built about 160,000 houses. To build another 100,000 houses would need 8126 Speeches of Winston Churchill about 2,000 million more bricks. That is well within the range of the pre-war brick-fields. If these had not been restricted and jogged about by changes of policy, there would be plenty of bricks. But the brick-fields are already running at 80 per cent of their pre-war capacity, and there should be no great difficulty or delay in restoring them to their pre-war normal output. So much for bricks. More cement will also be needed to achieve our target, but this need present no great problem. An extra 900,000 tons would produce 100,000 houses. The industry already produces 10,000,000 tons, and it would be producing more if it had been allowed to go ahead with the expansion plans it had in 1945. Next year this industry plans to produce 10,500,000 tons. As a temporary measure, we could, if necessary, reduce for a time the exports, which are running at a rate of 1,600,000 tons. Certainly by the end of next year the cement industry, if not nationalized, will have caught up with all our demands, including rearmament. Then there is timber. We have been told that if no timber can be got from sterling area countries like Norway, it will affect the dollar position. But here again I am sure that the quantities and proportion would have their say. I am assured that about £9,750,000 worth of dollars or less than half of our last year's tobacco bill, would give all the dollars necessary to buy from Canada the extra timber. I do not believe it would be necessary to go so far, because I am sure a good deal can be got within the sterling area. Far greater elasticity will come from the abolition of bulk buying by officials. Anyhow, the whole timber transaction is one well within our compass. The improvement in the dollar exchange would more than justify such a step. We lose at home by the higher prices for raw materials, but in the exchange we gain, especially by the sale of tin and rubber. It may well be that we could find a partial compensation for Britain at home in using our improved dollar position to buy more timber, and thus help to solve the housing question. I am asked: 'Are you for or against controls?' But what a crude and absurd way to state the issue. Government speakers talk as if there were no middle course between the universal regulation of a Socialist State administering all the means of production, distribution and exchange and what they call the anarchy of the jungle. But the vast majority of the human race dwell in the temperate zones which lie between the burning heat of the equator and the freezing cold of the polar regions. Our belief is that the fewer the controls the better; that the more freedom and enterprise can play their part the more chance there is of a fertile, prosperous and progressive community. We also think that private management is far more economical and resourceful than management by State officials. We are sure that the completion of the Socialist aim of substituting State industry for every form of private industry would reduce our standard of life and would reduce the present number of our population. In the United States, where a capitalist competitive system prevails and where wartime regulations were practically swept away until recently- [Hon Members: 'Ah.'] Well, there is a war in Korea. What about that 'Ah' now? The United States have three times our population, so, according to Government standards, they ought to be building 600,000 houses a year. They are actually building more than 1,000,000. Now, when rearmament casts its shadow upon the world and upon our country, Winston Churchill A Time of Triumph: 1950 8127 e of the pre-war there must evidently be a maintenance or even a renewal of some wartime regulations. changes of policy, We have agreed that the Supplies and Services Act should be renewed on an annual ing at 80 per cent basis, but our hope of establishing full freedom under the well-known and long-estab- delay in restoring lished laws of our country remains our goal. The difference between the two sides of the House is that the Socialists aim at the maximum of controls and the Conservatives S need present no aim at the minimum. Both seek to progress in those opposite directions for different ses. The industry reasons as far as they possibly can. Can we now accept that as a summary of the re if it had been differences between us? year this industry If we apply that mood of thought to the position of the building industry at the uld, if necessary, present time it means that we should, of course, use the local authorities as well as the 10 tons. Certainly private builders, and that we should only alter the system of licences step by step. The 11 have caught up Minister of Health has suggested that under a Conservative Government a great number of houses would be built for sale to the well-to-do by speculative builders and that few can be got from houses would be built to let for the ordinary man. It is our intention that, under a But here again I Conservative Government, the priority given to houses built by local authorities will be am assured that maintained. This obligation will be scrupulously honoured in our house-building ar's tobacco bill, programme. timber. I do not Mr. Bevan: In what proportion? deal can be got Mr. Churchill: We want the local authorities to be able to reduce their waiting abolition of bulk lists and to resume the process of slum clearance which was interrupted by the war. well within our Mr. Bevan: The right hon Gentleman has made a very important statement. In n justify such a what proportion would the right hon Gentleman-maintain local authority house-build- the exchange we ing? we could find a Mr. Churchill: I said that I had no intention of stating exact details. Give me the position to buy power and I will give you the figures. We have to indicate our principles, and I am indicating some very clear principles. Over and above that commitment, to which we and absurd way are all pledged, we should expand output so as to make it possible for free enterprise course between and renewed impulse to build large numbers of additional houses, both for sale and to S of production, let. So long as the housing shortage continues, the Government must restrict the gle. But the vast ceiling on price or size of houses built for sale, and this must be dependent upon the lie between the prevailing, and sometimes upon the local, conditions. We shall take steps to prevent ns. Our belief is the diversion to any kind of luxury building, whether public or private, of the terprise can play resources of men and materials-a great deal of them is being taken for public sive community. building-which could be devoted to the housing of the people. and resourceful I listened to the speech of the noble Lady the Member for Anglesey [Lady of the Socialist Megan Lloyd George] [Hon Members: 'Hear, hear.'] I hope that the applause from ould reduce our the other side of the House will assure her of any immunities which she may be n. In the United seeking. I need not say that I speak as a life-long friend of her father and her family, time regulations but I feel that she should have verified the facts before making the statement about 11, there is a war the Carlton Club claiming a license to rebuild the bomb-damaged premises. We have hree times our given up all hope of ever rebuilding the Carlton Club and no application for a license uilding 600,000 has ever been made. The site is being disposed of. Speaking as one who lived in her father's generation, I do not consider that prefixing the words 'I am informed that' on our country, relieves one of all responsibility. 8128 Speeches of Winston Churchill Lady Megan Lloyd George: I am sorry to interrupt the right hon Gentleman, but when I was informed that that was not the case I withdrew the statement. [Hon Members: 'No.'] Certainly I did so. Mr. Churchill: I was here at the time but I suffer a little from deafness and did not realize that the charge had been withdrawn. Lady Megan Lloyd George: I said that I was very glad that it was SO and that no licence had been granted. Mr. Churchill: Honour is completely satisfied on both sides. We say that the emphasis should be placed upon new houses. In 1935 new housing absorbed 48 per cent of the building industry's output. In 1947 the figure was only 34 per cent, and in 1948 31 per cent. We have no later figures, but I am informed-[Laughter]- must be careful-thåt it might well be only 30 per cent today. I think that the Government have been at once ambitious and ineffectual in their building plans. They have dispersed, instead of concentrating, their resources. They have been very loose in their application of principles of selection in regard to their objectives. The need above all is to establish in this sphere, as in many others, the right priorities. They ask, for instance, whether we would cut the new power stations. The answer is 'No.' Without power we cannot build houses, carry out our defence programme or expand our industrial output. But the question of whether the neces- sary electrical supply could not be obtained with fewer bricks subtracted from the housing programme is still open, and my hon Friend the Member for Wallasey drew our attention to American practice on this subject, which certainly seems to deserve study. I am grateful for the five minutes extra which the right hon Gentleman has granted me, and I shall draw to a conclusion the remarks I have ventured to offer to the House. We must not let this 'wiping the floor' mood of the Prime Minister and the Minister of Health blot out from our minds the pathos and the tragedy of the shortage of houses. The life of the nation and the happiness and virtue of the human race are founded upon the family and upon the home. Empire, ideologies, party struggles, class warfare, all present their attractive temptations to the active mind, but the founda- tions of all our health and honour lie in the home and the family. It was John Bright who spoke of his supreme pleasure in seeing little children playing upon the hearth. I cannot understand why this result should not be won. Let us have less chatter and planning and scheming for future Utopias. Let us get on with this imperative job of housing the millions who ask SO little and get so little for all their efforts. The family requires a home and the home requires a house or, if you like it, an 'accommodation unit'-something, at any rate, where a man has his own front door. Outside is the great, bewildering, tumultuous world; inside, the family can plan what is best for themselves, what it is best to aim for, what it is wisest to give up. And in so deciding they create at once the foundation and the motive power without which all the super-planners are only chasing shadows. Where does the family start? It starts with a young man falling in love with a girl. No superior alternative has yet been found! Look at the number of couples whom the statistics show either cannot get married because they cannot get a house to live in, or have to live with their parents, Winston Churchill A Time of Triumph: 1950 8129 on Gentleman, but or jam up in the sort of collectivist squalor of Communist lands. I see that a judge in statement. [Hon Plymouth said the housing shortage was the principal cause of divorces. Then what of the health? There is no doubt that tuberculosis thrives on bad housing conditions. In 1 deafness and did Scotland it has actually gone up since the war. Then comes the sharp issue of children not having a home they love, or a family circle which commands their loyalty, and of vas so and that no the many forms of consequential juvenile misconduct of which we read. The Minister of Health cannot brush all this aside and escape from this Debate We say that the without incurring blame and condemnation outside for not having offered us a absorbed 48 per constructive statement and words of encouragement. All his critics will not be on one 4 per cent, and in side of the House. I have a number of quotations, some very moving, from speeches ghter] must be made last week from the Benches opposite, one particularly from the hon Member for Kirkdale [Mr. Keenan] who said: effectual in their resources. They What is the good of having fine schools or even fine hospitals if there is n regard to their no home in which the children can rest? I believe in bedrooms before others, the right schoolrooms It is certainly a fact that not all building-trade workers wer stations. The who are capable of house-building are engaged on house-building. out our defence ether the neces- It astounds me that the House has not rallied to this proposal which we make and tracted from the resolved that it shall be carried into effect by every priority to other issues except r Wallasey drew self-preservation. eems to deserve But, sir, you may be sure that the nation will not endure this mismanagement and misdirection much longer. They will not agree to a system of British life and Gentleman has society which means that no progress is being made to overtake the housing arrears, ured to offer to that as many houses are falling into decay every year as are being built, that slum Minister and the clearance is static like all the rest of it, that all the personal stresses now endured by of the shortage hard-working couples are to continue, and that even to raise these issues in the House human race are of Commons is to incur the insulting charge of vote-catching and partisanship. , struggles, class Early last week there came across my mind some lines about our island life out the founda- which Charles Masterman used to repeat to me. Oddly enough, while I was seeking to verify the quotation it was used in the House by the hon Member for Oldham West 3 little children [Mr. Leslie Hale]. The poet and the teacher, as he was-William Watson-speaking of lot be won. Let the hard social conditions of the life of the people, asked: : us get on with Is there no room for victories here, so little for all No fields for deeds of fame? = or, if you like But I have found another verse of William Watson, which I remembered at the same his own front time: family can plan The England of my heart is she, o give up. And Long hoped, and long deferred, without which That ever promises to be, start? It starts And ever breaks her word. has yet been Why should she always break her word to those who love her so well and defend her her cannot get safety and honour with their lives? Now is the time, here is the occasion, and this I their parents, housing issue is the deed to sweep that hard reproach away. THE WHITE HOUSE WASHINGTON November 8, 1989 MEMORANDUM FOR ROGER B. PORTER FROM: LARRY LINDSEY 4/k SUBJECT: National Association of Realtors Speech p. 2 The empirical support for the claim that a 1.5 percentage point drop in interest rates means an additional 670,000 home purchases is extremely weak. More significantly, it could be read as more homes being constructed; we have had a 1.5 percentage point drop since March and housing starts have fallen. I suggest that instead, we use some less precise figure, such as: "thousands more American families can buy a home each time interest rates fall". p. 2 Use 84 months instead of 7th full year, it sounds more impressive. Or, say that next month will mark the start of the 8th year. Also, there are a number of good news points to make on housing. Some of them include: Housing Starts have never stayed this high for this long in history. The typical "housing cycle" used to be 4 to 5 years. Housing affordability is holding up well. The index stood at RR 104.7 in September. That's up about 25 percent since the recovery began in 1983 and up more than 50 percent since the high interest rate days of the late 1970s and early 1980s. There are two keys to affordability and both are moving in the right direction. - Real Income has been growing since 1982. Between 1973 and 1981, the real income of the median family declined 9 percent. By 1987, we'd made up for that decline and last year and again this year, we hit new records in real income. -2- - Interest Rates are way down. Fixed rate mortgages (FHMLC) are now in single digits -- 9.8 percent. Long term interest rates are down 150 basis points since March. p. 4 to end: It is a serious mistake to announce the HOPE initiative before the details have been agreed to among the relevant agencies. Even if the word is used, details should be kept for a time when they have been worked out. p. 4: Specifically, points on which there is no interagency agreement should not be raised. THERE IS NO INTERAGENCY AGREEMENT ON ALLOWING FIRST TIME HOMEBUYERS TO USE THERE IRA MONEY. This completely short circuits the policy process. p. 4: The expectations created about the amount of money we are going to spend on the Federal Housing Finance Board are SO far above where we will go in the budget that we will produce gales of laughter when the budget is submitted. Don't hook the President into this. p. 5: The linkage between the Low Income Housing Tax Credit and the capital gains tax is clever, but again, nobody has signed off on it. In fact, Treasury testified against extending the Low Income Housing Tax Credit. p. 6: Greenlining is clever rhetoric, but if you know what policies lie behind it, you'd never get the President to agree to it. p. 8: I am not aware that we have "directed the FHA to set aside 10% of its foreclosed housing for lease to homeless groups". Why not just direct them to set aside units, rather than creating a performance standard that we do not feel confident can be met. It is not clear that homeless groups have the capacity to absorb anywhere near 10 percent of foreclosed units, particularly in distressed areas such as Texas. On the "points of light" front, the President should challenge the realtors to use their knowledge about real estate and real estate transactions to help facilitate this process. p. 8: It is simply untrue that any substantial number of homeless men and women and hold down full-time jobs can't afford housing. This is a falsehood that the -3- President should not make credible by repeating. The following sentences provide the necessary caveats, but the sentence can be taken out of context and used for all kinds of mischief. Preferable would be a sentence linking affordability and our strategy of improving purchasing power through vouchers and certificates rather than build new public housing. p. 8: I also suggest removing the word "just" in the second sentence. Homelessness isn't a matter of too little shelter space. A possible reformulation: talking in terms of it being "time to move our struggle against homelessness beyond beds in shelters." Otherwise, the statements about homelessness present the President as being thoughtful and responsive to the issue of homelessness and should bring kudos for a willingness to be frank about the issue. Rhoads Terrace South Dallas Roard Reg Council Ren Ugm+ Kenilworth /Parkside Jessie Todales Pres. 1989 Section Voucher 8 . housing (toles) housing assistance only lat home mgr Helen Washington mkg June this your 214/421 - 2/4/2019 lease Junk cars hus DALLAS MOUSING MUIN ICL NO. 214 520 0402 NUV 02,09 10.04 20.01 DALLAS HOUSING AUTHORITY November 2, 1989 The Honorable George Bush President - United States Executive Office of the President 1600 Pennsylvania Avenue, N.W. Washington, D.C. 20500 Dear President Bush: I would like to take this opportunity to introduce myself. My name is Alphonso Jackson and I am the Executive Director of the Dallas Housing Authority. As a public official, my philosophy for assisting low and moderate income families is parallel with yours and Secretary Jack Kemp. I believe that one of the keys to self- sufficiency for low-income persons is to allow them to have control over their lives and destiny. As an administrator of low-income housing programs, I have always involved residents in the decision-making process. I have had the unique experience of working with perhaps the two most successful resident leaders and resident management corporations in the country, Bertha Gilkey of Cochran Gardens in St. Louis and Kimi Gray of Kenilworh/Parkside in Washington D.C. As executive director of these two public housing agencies, I spent A considerable amount of time supporting and believing in the self- sufficiency philosophy which emanates from the resident management concept. I was indeed pleased to be the first executive director of a public housing authority in the country to submit an application for homeownership for the residents of Kenilworth/Parkside Housing Development. Now as the Executive Director of the Dallas Housing Authority, I am working with other community leaders to promote, support and encourage resident management in our city. 2525 Lucas Drive, Dallas, Texas 75219, (214) 526-8581 DALLAS MOUSING muin ICL NO. 214 JZO 0402 NUV 02103 10.00 r.v2 My commitment and support of resident management has been demonstrated over the past years and it can be substantiated by resident leaders and resident advocates like Robert L. Woodson, President of the National Center for Neighborhood Enterprise. My philosophy of self-sufficiency and support of programs promoted by your Administration has not made me a very popular individual amongst my colleagues and the Afro-American community in general. As a Afro-American public official, I am often criticized for espousing Republican ideas. However, I remind my critics it does not matter if good ideas and programs are Republican or Democratic, the only thing that matters is helping low-moderate income people move into the mainstream of our society. I commend you on your efforts to help the American society win the War on Poverty. I firmly believe while the War on Poverty was initiated by Democrats, your Administration has been moving in the best direction to address social ills that years of federal funding have yet to resolve. I would be indeed honored if I could be invited to visit with you at the White House. I realize that you may receive many requests from public officials asking for an appointment on your schedule and I also realize my request may seem very presumptuous, but I am certain we both could gain some important insights into helping low-moderate income people by discussing this matter further. I will look forward to hearing from you in the near future. If you are in need of references, I am certain that Senator John Danforth and Congressman Steve Bartlett would be more than pleased to speak on my behalf. Respectfully, Albhonso Jackson Enclosure ARJ/lmh Parker Banzhoff McGroarty/Dooley November 7, 1989 8:00 am [REALTORS] PRESIDENTIAL REMARKS: NATIONAL ASSOCIATION OF REALTORS DALLAS, TEXAS NOVEMBER 10, 1989 2:15 P.M. audience front now Kemp, Austin Fitts 1 Norm Flynn (new) [Introductory remarks.] Thank you, Ira [Griben] -- the very able President of the National Association of Realtors. And let me say hello to two fine members of Congress who have travelled Blount down to Dallas today, Representatives Bill Thomas and Claudine Schneider Gramm, Cong. Steve Bartlett (AF1) [[ Ira mentioned to me on my way in this afternoon that my speech is a special occasion for this association. // I said I was honored -- and then Ira said "It's not often that we're addressed by someone who lives in public housing." ]] //// [[ The truth is, I am not a real estate wizard. When I was Barbaro book elected to Congress back in 1966, we needed to make housing arrangements up in Washington. At that time, Senator Al Bush simply Rodditf Donniey 144 Simpson's father, Millward, was retiring and moving back to Lookingtoner Looking Wyoming. So I bought the Simpson place -- sight unseen -- made pale the deal over the phone. When we got to Washington, there were just two problems: we found out right away the house wasn't quite big enough for the Bush family -- and we found out when we put the place up for sale that it wasn't worth quite as much as we paid for it. /// That's my claim to fame: I'm the only 2 person who ever lost money in Washington real estate in the last 20 years. /// Ira, where were you when I needed you? ]] But few people have done more for the real estate industry than I have. // Barbara and I have moved 28 times in our 44 Mrs.Bush years of marriage. /// Now I know what you're thinking -- what a dream client my family would make for any realtor. /// In fact, OMB is calculating the commissions we've paid over the years -- measured as a percentage of the GNP. ]] //// I came here today to lay out a set of housing initiatives -- a comprehensive plan to bring basic shelter and affordable housing within reach of every American. But before I outline my housing proposals, I want to speak for a moment about the single most important factor in helping millions of Americans realize the American Dream: the economy. Because the truth is, there's no better housing policy than a strong economy. One that provides jobs and opportunities for advancement -- interest rates that open ownership opportunities to hundreds of thousands of first-time home buyers. And I know pricey just how important interest rates are when it comes to home Mc Weshen 500,000 buying: a 1 1/2 point drop means an additional 670,000 families able to purchase that home they want. Nate 472 Homeluwo And all signs point to continued strength in the economy. November marks the seventh full year of economic expansion -- the CEA longest peacetime expansion in our nation's history. CEA CEA Unemployment is lower now than at any point since the early 70s. And here's one statistic that has to please all of you: during 3 CEA this expansion, home mortgage rates are down from 13.8% back in November, 1982 to less than 10% -- 9.8% -- today. All of us know that the way to keep this expansion alive is to stick with the pro-growth policies that set it in motion -- the policies that provide the private sector room to do what only it can do: create prosperity and higher standards of living. Of course, part of any reasonable economic policy is getting our fiscal house in order. // I want you to know that my Administration is hanging tough for a responsible budget -- with real deficit reduction, no smoke and mirrors. We don't like sequestration -- no one does. But we'll live with it if we have to -- if it's the only way to rein in spending and bring that deficit down to the Gramm-Rudman target. I'm ready to sign a budget bill -- whenever Congress is ready to strip off all the expensive extras and add-ons hidden away in OMB those omnibus spending bills. A responsible budget is one of the best signals the government can send for the sake of continued growth. And I'm optimistic -- optimistic that this economic That expansion will continue. Hopeful my Administration and the Congress -- with the help of members like Bill and Claudine -- can agree on a responsible budget. Hopeful that we'll see more and more Americans prospering -- providing better lives for their families, and looking to all of you to help them realize their dreams. 4 Today, as I told you a few moments ago, I've chosen this occasion to announce a wide-ranging set of housing initiatives I ant call Project Hope -- an initiative that stands for Homeownership and Opportunity for People Everywhere. Project HOPE addresses the full range of housing concerns: from shelter for the homeless to affordable housing for low- income families -- to initiatives that will help millions more Americans achieve the American Dream: owning their own home. Let's start with what Project HOPE will do for first-time home buyers. You know first-hand about families working hard to buy that first home -- families whose savings are no match for skyrocketing prices. First-time buyers deserve our help -- and they're going to get it. I will ask Congress to enact legislation allowing first-time buyers -- or their parents -- to draw without penalty on IRA savings as a downpayment for that first home. And we've got to expand the home-buying base -- bring more low-income families into the ranks of homeowners. I will earmark funds from the Federal Housing Financing Board, to be used for mortgage rate buy-downs to make homeowning an option for more low-income families. Now, I know you've all seen the news on new housing starts. It's time for all levels of government to take a second look at some of the well-intended housing policies that actually decrease our housing supply. I'm talking about the excessive rules, regulations and red tape that add unnecessarily to the cost of 5 housing -- tens of thousands of dollars in some cases -- or create perverse incentives to allow existing housing to deteriorate. I have asked my very able Secretary of HUD, Jack Kemp, to HUD convene a Blue Ribbon Commission to identify barriers to affordable housing and to make recommendations on how those barriers can be removed. And let me make the first recommendation myself: no city, state or town should receive a single cent of Project HOPE funds until they have identified thave XX barriers to affordable housing -- and devise a plan to remove them. /// Project HOPE also means initiatives to improve low-income housing. Let me say right away that my Administration rejects costly new construction programs that in the past have too often produced the housing projects that symbolize the very absence of hope in our inner cities. This Administration remains 100% OMB behind housing vouchers that let poor people choose for themselves where they wish to live. Our challenge is to create incentives that maintain the low- income housing we need. I will ask Congress to renew the Low- Income Housing Tax Credit -- on one condition: that the Low- OMB Income Housing Tax Credit is part of a package that includes a cut in the capital gains tax. I know the National Association of regaffs Realtors has fought hard to make a capital gains cut a reality. Well, the fight's not over. We're going to keep up the fight for 6 one simple reason: because a cut in capital gains is good for growth. /// And Project HOPE can help us reverse a trend that's stunting some of the growth and development that would otherwise take place in low-income areas. Too many poverty-stricken areas have simply been redlined -- ruled too risky for lending. I am asking the Federal Housing Authority to work with neighborhood non- profit groups to identify responsible credit risks in poor areas, and open a flow of credit into low and moderate income housing. The time has come to replace the redline with a greenline -- to color these inner-city neighborhoods green for growth. But the real centerpiece of our plan for public housing is resident management and, yes, resident ownership. That's the idea behind our HOPE Grants initiative. It's already working: In Kenilworth-Parkside, back in Washington, D.C. In Cochran Uphored Gardens in St. Louis. And it's going to work right here -- at the nation's second-largest public housing project in West Dallas. And the results are promising: with tenants in control, we alphoneo see better maintenance, more rents paid on time, a decrease in people on the welfare roles as job opportunities emerge. And we see something more: a sense of pride that is the very core of any thriving community. I hope these successes are only the beginning -- of a nationwide shift towards tenant control, and ultimately towards tenant ownership. I don't know any better way to revive hope in 7 our inner cities than to give tenants a say in running their communities, and a stake in the future: the hope that they, too, can own a home. // That's worth remembering. Because the true measure of success isn't how many families we add to housing assistance roles. It's how many families move up and out -- into middle- class status, and into the ranks of homeowners. /// Project HOPE can make a difference for millions of Americans who want to buy a home -- or who simply want to provide their families decent housing and better hopes for the future. But there are other people out there we've got to help. People who stand in the shadows of what is otherwise a very bright economic picture -- who live a nightmare in the midst of the American Dream. We see them every day ---- on the streets of our cities, sleeping on steam grates, living out of cardboard boxes. The homeless. // Back in June, I went up to Covenant House in New York. I met children there who've been out on the street for 4 or 5 years -- from the time they were 12 and 13 years old. /// We can't begin to imagine the horrors they go through. For all of us, November is the time of year we start looking forward to the holiday season: Thanksgiving, Christmas, New Years. For the homeless, November is the time of year the temperature starts to drop, and simply making it through the night becomes a life and death struggle. // Homelessness is a tragedy -- and Project HOPE won't be complete unless it reaches 8 out to help the homeless. // Because no child in America should have to grow up on the streets. And no family in America should lack a roof over its head. /// Now, my Administration is going to do its part to expand emergency shelters. We're committed to fully funding the McKinney Act. We're directing the FHA to set aside 10% of its foreclosed housing for lease to homeless groups. And today, I want to announce that -- as part of the savings and loans recovery program -- I will make certain that a portion of the properties from failed S&Ls be put to public use as facilities for the homeless. But we can't begin to eliminate homelessness -- to really get at the root of the problem -- until we understand the various reasons that lead to life on the streets. Homelessness isn't just a matter of too little shelter space. There are the working homeless, men and women -- some with children -- who hold down a job, but still can't afford a home. But they are only a fraction of the many homeless men and women who are literally incapable of HUD caring for themselves. And if we care about them, we've got to take more than a one-dimensional approach to the problem. The fact is this: Two-thirds of the homeless out on our HUD streets suffer from drug dependency or mental illness. For these men and women, shelter alone is not enough. Homelessness is just one symptom of the larger problems that prevent them from caring for themselves. 9 The answer for the homeless who are mentally ill or addicted to drugs is shelter plus: shelter supplemented by the necessary support-services to get these people the help they need to live in dignity. And that means a partnership -- a combined federal, state and local effort -- to supply the funding and other resources that constitute a comprehensive solution for the hard- core homeless. The key here is coordinating basic needs like shelter with other social services -- to help the homeless get the treatment they need to get control of their lives. To help them find and hold down jobs. To help them manage a home. To help them regain hope -- and leave life on the streets behind for good. /// Helping the homeless. Helping low-income families find affordable housing, decent housing. Helping more of the 80 million Americans who don't own a home join the ranks of homeowners. Those are the aims of Project HOPE. Aims I hope hope I can count on you to support. Aims in keeping with the American Dream. /// Thank you. God bless you -- and God bless the United States of America. # # # salt washouses hate Coddington Correnant Hoo - 2/+under Micheline Dir, Covenant House (212/613-0300 212/730-2270 "throwaway kids" 1400 kids a night prostitutes +drug addicts THE WHITE HOUSE WASHINGTON November 8, 1989 MEMORANDUM FOR GOVERNOR SUNUNU FROM: David Demarest Chriss Winston SUBJECT: National Association of Realtors Speech The following are a list of policy questions remaining concerning the speech. 1. Secretary Kemp would like the following added to the speech: "I also want to pledge my Administration to vigorous support + of the mortgage interest and property tax deductions. These deductions encourage homeownership, and are important to our overall economic prosperity." He would also like the President to announce, what he terms in his comments as, "a new initiative to fund service-supported 2 housing for the homeless who are mentally impaired or are substance abusers." " He also has inserted the figure of $6.8 billion as the cost of the HOPE initiative in a paragraph to be added at the end of the speech. 2. Roger Porter, Treasury and OMB object to allowing parents of 3 first-time home buyers to withdraw, without penalty, their IRA savings as a down payment for their children's first home. 3. Porter argues that we do not have the authority to earmark 4 - funds from the Federal Housing Financing Board to be used for mortgage rate buy-downs to make home owning an option for more low income families. 4. Porter also argues that no agreement has been reached to set I aside 10 percent of foreclosed housing from the FHA stock for 5 homeless groups. He recommends the following language: "We're directing the FHA to make its foreclosed housing more accessible to the homeless." 5. OMB and Treasury wants to delete any reference to directing that, as part of the savings and loans recovery program, a certain portion of the properties from failed S&L's will be put to public use as facilities for the homeless. in - National Association of Home Builders 15th and M Streets. N.W. Washington, D.C. 20005 Telex 89-2600 (202) 822-0200 FACSIMILE TRANSMITTAL COVER SHEET DATE: 11.8.89 TO: Peggy Dadey SENDER : David Crowe DEPT. : Housing Policy RECEIVER'S FAX. (PHONE) NUMBER : r ,456 82186218 NUMBER OF PAGES FOLLOWING COVER SHEET : COMMENTS : NAHB FAX NUMBER : (202)822-0559 FOR ASSISTANCE WITH FACSIMILE, PLEASE CONTACT SENDER ON NUMBER AND/OR EXTENSION INDICATED ABOVE. T 1111 Note To Peggy Dooley: I have enclosed the article describing how mortgage interest rates affect buying. After the article was published, we found a more accurate estimate of purchasers as a percentage of all households. Hence, the copy I am sending includes a penned in change. The 500,000 estimate we gave you on the phone is 1.5 times the total of 68,000 and 280,000. Please call if you have any questions. David Crowe 822-0383 N 20/00/11 I.I.J TOM Mortgage Interest Rates and Housing Affordability David Crowe Affordability is a hot topic in hous- (which excludes homes built on owner's ment, the standard rules provide a gauge ing discussions today. The issue touches property). the proportion using of affordability and an indicator of the many aspects of housing costs: land mortgages was 91% in both 1985 and potential sales reduction when interest development restrictions, hard costs of 1987. rates rise. construction, down payment require- At higher interest rates, the monthly ments, and monthly mortgage payment payment required on a given mortgage levels. Aside from the size of the amount is higher, but the monthly Rate Changes Affect the mortgage, the largest determinant of mortgage payment is not quite propor- Median Buyer monthly payments is the mortgage inter- tional to the interest rate. Monthly estrate. Increases in mortgage rates affect The number of households affected mortgage payments include both prin- affordability by increasing the monthly cipal and interest. As the interest rate by an interest rate change depends upon cash costs of owning. Prospective buyers increases, the principal payment for the the size of the change and the shape of the either fail to qualify at the higher rate or initial months declines. An increase in the income distribution. Figures 1 and 2 are unwilling to increase the share of their show the income distribution of all interest rate on a 30-year loan from 8% to income going to housing. Estimates of households and owner households in 9% does not cause an increase in the the number of buyers lost as rates in- monthly payment of 1/8 or 12.5%. The 1987. Respective median incomes are crease depend on a complex array of actual increase is only 9.7%. At higher $25,985 and $31,903. The distributions factors-level of interest rates, income reflect the concentration of households in interest rate levels, however, the amount and house price distributions, mortgage of principal included in the initial month- the $20,000 to $50,000 income range underwriting standards, and demo- ly payment becomes very small and the (43% of all households and 46% of owner graphic changes. The number of change in payments becomes very close households) as well as the skewed con- households that fail qualification as rates centration of households at the lower end. to the change in interest rates. Table 1 increase is a much larger number than the shows the monthly payment for principal A $100,000 home loan is typical on number who fail to purchase. Only about and interest for a $100,000 loan for 30 8% of all owner households bought years at different interest rates. In ad- Table 1 Mortgage Payments on within a given year and more than half of dition to principal and interest, purchasers' payment-to-income ratios $100,000 Loan monthly mortgage payments fre- are below the standard underwriting quently include escrow payments for Monthly maximums. This article shows what property taxes and hazard insurance, Payment changes in mortgage rates mean to affor- and even when those expenses are not (Principal & dability. subject to escrow they are considered Mortgage Interest as part of the payment burden in Rate Only) Difference mortgage underwriting. 9.0% $ 804.62 The Mortgage Interest Both borrowers and lenders are 9.5 840.85 $ 36.23 Rate Affects Most Buyers deterred from entering into a loan 10.0 877.57 36.72 Most owners use a mortgage to pur- agreement when rates increase. From 10.5 914.74 37.17 chase their home. The 1985 American the lender's standpoint, if mortgage 11.0 952.32 37.58 Housing Survey (AHS) reports 81% of payments are too high relative to 11.5 990.29 37.97 new home (built in previous 4 years) borrowers' incomes, the risk of 12.0 1028.61 38.32 owners had a mortgage on their home. default increases. As a result, lenders 12.5 1067.26 38.65 Among all who bought new or existing impose limits on the acceptable pay- ment-to-income ratio. 13.0 1106.20 38.94 homes within the previous 12 months, the 13.5 1145.41 39.21 AHS reported that 81% obtained a Purchasers with at least a 10% downpayment usually qualify for a 14.0 1184.87 39.46 mortgage to purchase their home. The Census Bureau's Survey of New Homes maximum 28% payment-to-income 14.5 1224.56 39.68 (C25 series) similarly shows that 81% of ratio (FNMA and FHLMC standard). 15.0 1264.44 39.89 new homes completed in 1985 were Lower downpayments push the al- 15.5 1304.52 40.07 financed with a mortgage, and that 82% lowable payment-to-income ratio 16.0 1344.76 40.24 of all new homes completed in 1987 were down to 25%. Although many buyers 16.5 1385.15 40.39 mortgaged. Of the homes built for sale choose to devote a smaller portion of 17.0 1425.68 40.53 their incomes to the mortgage pay- May 1989 7 E cause of increased interest rates must Figure 1 Income Distribution: 1987 Population Survey come at the sacrifice of some other con- sumption or savings. First-time buyers Households (Thousands) 6 already spend 1% to 3% larger portion of income on housing than repurchasers, 5 and are therefore less able to opt for a higher payment. 4 A second option is to reduce the 3 Owner Households mortgage amount by a higher down pay- ment. To keep monthly payments the All Households same when interest rates increase from 2 10.5 to 11.5 on a median new home re- I quires an additional $7,670 downpayment, a 31% increase. For a 0 median existing home, the increase in 10000 20000 30000 40000 50000 GOODO 75000 downpayment would have to be $5,442, Income also a 31% increase. The median loan-to- a $125,000 home, the approximate rise in interest rates because the total value ratio for recent movers (moved median new home price in February number of homes sold is about four times within past year) in 1985 was 76%, sug- 1989. The 1985 AHS reports that median as large as the number of newly-built gesting some home buyers do have property taxes were 1% of value. That homes and also because the likely pur- additional resources to draw upon. But, translates into $104 per month for taxes. chasers of existing homes fall within the like increasing the payment-to-income, Monthly hazard insurance is assumed to "thicker" part of the household income an increase in downpayment means the be $23 for our example. Hence, a month- distribution. The 1987 median existing household's savings or expenditure for ly mortgage payment on $100,000 at home price was $85,600 which would some other durable (furniture, car, etc.) 10.5% for 30 years is $1,042. Using a imply a $68,500 mortgage with a 20% would have to be postponed or reduced. maximum payment-to-income ratio of downpayment. Qualifying income at First-time buyers are most distinctive 28%, the minimum income necessary to 10.5% is $30,900. If rates rise to 11.5%, from other buyers with respect to qualify for $100,000 home loan is qualifying income increases from downpayments. Almost two-thirds put $44,657. $30,900 to $34,114, which encompasses. down less than 20% whereas only 43% A percentage point increase in 3.6 million households. About of all of repurchasers put down less than 20%. mortgage rates to 11.5% increases the households at the $34,000 income level A third option is to purchase a less minimum required income to $47,870. buy existing homes in a year, implying expensive home. To keep mortgage pay- About 2.8 million households have in- about 780,000 would be affected by a ments at the same level when rates comes that fall into the range from percentage point increase. increase from 10.5% to 11.5%, a buyer $44,657 to $47,870 and would become would have to reduce his purchase of the income ineligible to purchase a newly- February 1989 median new home priced built median-priced house. Not all Buyers Have Options at $125,000 to a $115,000 home, almost households, however, are likely to buy Prospective buyers have four pos- an 8% reduction. The median existing homes. About 2.5% of households at that sible responses to an interest rate home buyer would have to find a home income level would have purchased a increase. First, a family can spend a larger for $86,000, 8% less than the actual newly-built home in a typical year. Thus, portion of its income on housing. Only median. Finding a less expensive home among all those who normally would buyers considering a mortgage smaller concentrates the buying pressure on have bought new homes, 68,000 home than the maximum for which they could fewer homes making it even more dif- buyers would not be able to qualify at the qualify have this option. Many buyers do ficult to find a suitably priced home. higher interest rate. spend less than the standard, but that is The fourth option is not to purchase. These estimates refer to purchasers often a choice made to allow for other Move-up buyers may be the first to of newly-built homes only. A larger num- spending. Increasing the proportion of choose this option when rates rise since ber of all home buyers are affected by a income spent on mortgage payments be- their plans to move can often be postponed. However, first-time home Number of Households Affected By One Percentage Point buyers also choose this option because Increase in Mortgage Rate the other options or even combinations of Newly Existing options are not feasible. While pur- Built Homes Homes chasers may not be near the underwriting Fail Income Qualification 2,800,000 3,600,000 maximums, many prefer lower propor- Unlikely to Purchase 68,000 80,000 tions on their own, 8 Housing Economics to TC:11 UNITED STATES DEPARTMENT OF COMMERCE BUREAU OF THE NEWS CENSUS WASHINGTON, D.C. 20230 Dean Crist. Bureau of the Census For Release 8:30 A.M. EDT, October 18, 1989 David Fondeller (301) 763-5731 CB89-163 Erica Annarella (301) 763-7842 Sherwin Weinstock (301) 763-7842 HOUSING STARTS AND BUILDING PERMITS IN SEPTEMBER 1989 Privately Owned Housing Starts Privately owned housing starts in September were at a seasonally adjusted annual rate of 1,263,000 compared with the revised August rate of 1,332,000, according to estimates reported today by the U.S. Commerce Department's Bureau of the Census. The September 1989 estimate is 14 percent below the September 1988 figure of 1,463,000. Single-family housing starts in September 1989 were at #1. rate of 971,000 compared with the August figure of 992,000. The September rate for units in buildings with five units or more was 241,000 compared with the August figure of 287,000. The September rate for units in buildings with two to four units was 51,000. During the first 9 months of this year, 1,075,200 housing units were started compared with 1,145,800 units for the same period in 1988. This is a decrease of 6 percent. Building Permits The seasonally adjusted annual rate of housing units authorized by building permits in September was 1,296,000, 2 percent below the revised August rate of 1,328,000 and 9 percent below the September 1988 rate of 1,432,000. Single-family authorizations in September were at a rate of 938,000 compared with the August figure of 927,000. Authorizations of units in buildings with five units or more were at a rate of 297,000, 8 percent below the August figure of 324,000. The September rate of permit-authorized units in buildings with two to four units was 61,000. During the first 9 months of this year, 1,034,600 housing units were authorized by building permits compared with 1,120,200 units for the same period in 1988. This is a decrease of 8 percent. Mobile Home Shipments Statistics on mobile home shipments, which lag by 1 month, appear in the Current Construction Reports, series C20. In August, manufacturers' shipments of mobile homes were at a seasonally adjusted annual rate of 194,000, 9 percent above the July rate of 178,000. The August 1988 rate was 223,000. Before seasonal adjustment, total shipments in August 1989 were 19,400. The next press release is scheduled to be issued on November 17, 1989, at 8:30 A.M. EST. EXPLANATORY NOTES In interpreting changes in the statistics in this release, note that month-to-month changes in seasonally adjusted statistics often show movements which may be irregular. It may take 3 months to establish an underlying trend for total starts, mobile home shipments and building permit authorizations. Except for those on mobile home shipments, the statistics in this release are estimated from sample surveys and are subject to sampling variability as well as errors of response and nonreporting, Estimated average relative standard errors of the data are shown in the tables. For month-to-month comparisons, the range of the 90-percent confidence interval is +7 percentage points from the estimated change for total housing starts and +7 percentage points for single-family housing starts. For the year-to-date total of housing starts, the range of the 90-percent confidence interval is +1 percentage point from the estimated change. For building persits, the ranges for month-to-month comparisons are ±1 percentage point for the total and +1 percentage point for single-family; for the year-to-date total, the range is +1 percentage point. When the range of the confidence interval contains zero, it is unclear whether there is an increase or decrease: that 18, the change is not statistically significant. The April Current Construction Reports, C20-89-4, includes explanations of confidence intervals and sampling variability. On the average, the preliminary U.S. total housing starts and building permit estimates are revised about plus or minus 1 percent. This does not include the revisions made when new seasonal factors are computed. Statistics on mobile home shipments are compiled from manufacturers' reports to the National Conference of States on Building Codes and Standards (NCSBCS). This press release also is available on the date of issue through the Census Bureau's on-line information service -- CENDATA. The on-line version of the press release can be read from a terminal screen, printed on- or off-line, or copied to a computer file for future use, The Cendata Staff at the Bureau of the Census * (301/763-2074) can provide content information and general guidance. For a brochure, write to CENDATA, DUSD, Bureau of the Census, Washington, D.C. 20233. Table 1. New Privately Owned Housing Units Started (Thousands of units. Detail may not add to total because of rounding) in structures with- Period Total 3 and 4 5 units Northeast Midwest South West , unit 2 units units or more 1a. Seasonally adjusted annual rate 1988 - September 1,463 1,039 62 362 206 258 576 423 - October 1,532 1,136 63 333 198 273 582 479 November 1,367 1,138 68 361 219 275 613. 460 December 1,577 1,141 65 371 201 343 609 424 1989 - January 1,678 1,199 66 413 293 313 642 430 February 1,465 1,029 62 374 224 273 572 396 March 1,409 981 50 378 160 308 552 389 April 1,343 1,029 62 252 207 274 526 336 May 1,308 977 42 289 176 244 513 375 June 1,406 972 55 379 168 242 552 444 July(r) 1,420 1,026 57 337 189 274 531 426 August(r) 1,332 992 53 287 145 238 565 386 SEPTEMBER(p) 1,263 971 51 241 170 243 477 373 Average relative standard error (%) 3 3 11 8 9 7 5 4 1b. Not seasonally adjusted 1987 1,620.5 1,146.4 27.8 37.5 408.7 269.0 297.9 633.9 419.8 1988 1,488.1 1,081.3 23.4 35.4 348.0 235.3 274.0 574.9 403.9 Average relative standard error (%) 1 1 6 4 1 2 1 2 1 1988 First 9 months 1,145.8 836.8 17.6 26.6 264.8 187.5 210.0 443.4 305.0 1989 First 9 months 1,075.2 787.3 16.2 26.0 245.6 141.5 202.3 423.9 307.5 Average relative standard error (%) 1 1 7 4 2 2 2 2 1 1988 - September 131.1 91.7 2.4 2.7 34.4 19.6 26.0 49.7 35.8 October 135.1 97.7 2.1 3.5 31.8 18.4 26.4 49.8 40.5 November 113.0 81.2 1.9 3.2 26.7 17.9 20.1 43.9 31.2 December 94.2 65.7 1.8 2.2 24.5 11.5 17.6 37.9 27.2 1989 - January 100.1 69.9 1.9 2.8 25.6 15.3 11.5 45.4 28.0 February 85.8 59.3 1.3 2.4 22.9 8.8 10.5 39.2 27.3 March 117.8 83.5 1.7 2.6 29.9 12.2 22.5 49.5 33.6 April 129.4 100.4 2.4 3.5 23.2 19.9 25.3 52.0 32.2 May 131.7 101.4 1.6 2.4 26.4 17.5 27.7 50.2 36.4 June 143.2 100.3 1.8 3.55.3 37.7430 17.9 28.4 52.2 44.6 July(r) 134.7 98.0 2.1 3.35.4 31.3367 19.6 29.3 46.0 39.8 August(r) 122.9 91.6 1.4 3.85.2 1.739 26,131.3 15.0 23.7 49.4 34.8 SEPTEMBER(p) 109.5 83.0 2.2 15.4 23.4 40.1 30.7 Average relative standard error (%) 3 3 12 14 8 9 7 5 4 PPreliminary. Revised. 2 Less than 50 units or less than 0.5 percent. Average relative standard error (Avg. RSE): Annual-Avg. RSE for the last 2 years: Year to Date-Avg. RSE for the current period and the same period last year; Monthly-Avg. RSE for the latest 6 month period (January-June or July-December). Table 2. Privately Owned Housing Units Authorized by Building Permits in Permit-Issuing Places (Thousands of units. Detail may not add to total because of rounding) in structures with- Period Total 3 and 4 5 units Northeast Midwest South West 1 unit 2 units units or more 2a. Sessonally adjusted annual rate (17,000 permit-issuing places) 1988 - September 1,432 980 74 378 188 256 544 444 October 1,526 1,029 81 416 217 262 569 478 November 1,508 1,027 77 404 200 249 575 484 December 1,518 1,058 75 385 200 346 545 427 1989 January 1,486 1,052 75 359 229 290 563 404 February 1,403 989 88 326 204 286 522 391 March 1,230 870 72 288 182 251 446 351 April 1,334 954 71 309 201 258 506 369 May 1,347 905 65 377 179 245 528 395 June 1,308 874 66 368 177 234 506 391 July 1,281 906 73 302 160 232 478 411 August(r) 1,328 927 77 324 174 263 517 374 SEPTEMBER(p) 1,296 938 61 297 168 246 499 383 Average relative standard error (96) 1 1 5 1 3 2 1 1 2b. Not sessonally adjusted (17,000 permit-issuing places) 1987 1,534.8 1,024.4 40.8 48.5 421.1 271.8 282.3 574.7 406.0 1988 1,455.6 993.8 35.0 40.7 386.1 230.2 266.3 543.5 415.6 Average relative standard error (%) (X) (X) (X) (X) (X) (X) (X) (X) (X) 1988 First 9 months 1,120.2 775.7 26.3 31.0 287.2 182.6 203.8 418.6 315.3 1989 First 9 months 1,034.6 728.9 24,6 29.9 251.1 142.4 195.3 394.6 302.4 Average relative standard error (%) 1 1 2 5 1 3 1 1 1 1988 - September 127.9 85.1 3.2 3.5 36.0 18.4 25.3 46.1 38.0 October 124.0 82.9 3.7 3.5 33.9 19.1 23.6 44.2 37.1 November 110.0 71.8 2.6 3.2 32.5 14.9 18.8 42.4 33.9 December 101.4 63.4 2.5 3.0 32.5 13.6 20.1 38.3 29.4 1989 January 88.9 61.3 2.2 2.2 23.2 11.4 11.2. 39.9 26.4 February 86.4 59.5 2.2 3.5 21.2 9.8 12.5 37.7 26.4 March 116.1 84.1 3.0 3.6 25.4 15.4 21.2 45.0 34.5 April 121.5 89.0 3.0 6.0 3.0 26.4 18.7 25.3 44.4 33.1 May 133.9 94.3 3.0 6.4 3.4 33.2 18.7 26.6 49.7 39.0 June 135.5 92,5 2.8 6.4 3.8 42136.3 18.7 25.5 50.5 40.8 July 108.8 79.3 2.7 6.1 3.4 21,523.4 14.4 21.8 37.9 34.7 August(r) 125.3 89.1 2.9 71 4.2 16229.1 17.2 26.7 46.9 34.5 32.00 SEPTEMBER(p) 110.1 78.1 2.6 5 2.7 26.7 15.5 22.9 40.2 31.5 Average relative standard error (%) 1 1 3 8 1 3 2 1 1 2c. Not started at end of period-not sessonally adjusted (17,000 permit-issuing places) 1988 September 154.9 82.8 9.6 62.5 33.0 14.8 65.3 41.9 1989 - July(r) 148.5 79.6 8.7 60.2 30.8 15.6 62.4 39.7 August(r) 156.0 85.1 8.9 61.9 33.0 19.2 63.7 40.1 SEPTEMBER(p) 160.7 87.0 9.3 64.4 34.0 19.9 66.0 41.0 Average relative standard error (%) 3 4 20 4 9 7 5 7 See footnotes below table 1. TOTAL P. 8 Housing Starts NEW PRIVATELY OWNED HOUSING UNITS STARTED (Thousands of Units) U.S. TOTAL 1 UNIT 2-4 UNITS 5+ UNITS MULTIFAMILY NORTHEAST MIDWEST SOUTH WEST (1) (2) (3) (4) (5) (6) (7) (8) (9) 1979 1745 1194 122 429 551 178 349 748 1980 470 1292 852 109 330 440 125 1981 218 643 306 1084 705 91 288 379 117 1982 165 562 240 1062 663 80 320 400 117 1983 149 591 205 1703 1067 113 522 635 168 218 935 1984 382 1749 1084 121 544 665 204 1985 243 866 436 1742 1072 93 576 669 252 240 1986 782 468 1806 1180 84 542 625 293 295 733 1987 483 1621 1146 65 409 474 269 298 634 1988 420 1488 1081 59 348 407 235 274 575 404 SEASONALLY ADJUSTED ANNUAL RATE 1985 SEP 1676 1020 90 566 656 244 234 720 478 OCT 1834 1160 79 595 674 316 254 803 461 NOV 1698 1040 79 579 658 239 215 792 452 DEC 1942 1123 86 733 819 284 275 895 1986 488 JAN 1972 1270 100 602 702 322 286 898 FEB 466 1848 1143 102 603 705 338 280 747 483 MAR 1876 1180 79 617 696 285 316 782 493 APR 1933 1197 80 656 736 310 349 761 513 MAY 1854 1228 83 543 626 274 252 799 JUN 529 1847 1221 76 550 626 286 294 768 JUL 499 1782 1153 80 549 629 272 325 712 473 AUG 1807 1194 86 527 613 330 311 708 SEP 458 1687 1137 64 486 550 295 269 698 425 OCT 1681 1126 84 471 555 281 263 683 454 NOV 1623 1113 71 439 510 271 271 610 471 DEC 1833 1227 111 495 606 312 1987 365 615 541 JAN 1840 1269 78 493 571 339 443 614 444 FEB 1787 1273 71 443 514 270 359 663 495 MAR 1715 1187 83 445 528 284 344 622 465 APR 1622 1197 64 361 425 266 296 661 399 MAY 1607 1131 66 410 476 299 300 625 383 JUN 1583 1083 81 419 500 254 287 604 438 JUL 1592 1147 62 383 445 272 249 636 435 AUG 1587 1111 58 418 476 255 281 636 415 SEP 1685 1225 49 411 460 261 306 702 416 OCT 1535 1097 69 369 438 267 252 617 399 NOV 1659 1121 51 487 438 264 335 640 420 DEC 1391 1036 50 305 350 219 264 573 335 1988 JAN 1391 1021 53 317 370 330 223 460 378 FEB 1511 1095 58 358 416 300 256 594 361 MAR 1528 1169 57 302 359 284 261 574 409 APR 1576 1087 58 431 489 260 344 595 377 MAY 1392 1001 53 338 391 202 267 562 361 JUN 1463 1088 62 313 375 238 262 585 378 JUL 1478 1067 50 361 411 255 283 566 374 AUG 1459 1076 59 324 383 217 239 573 430 SEP 1463 1039 62 362 424 206 258 576 423 OCT 1532 1136 63 333 396 198 273 582 479 NOV 1567 1138 68 361 429 219 275 613 460 DEC 1577 1141 65 371 436 201 343 609 424 1989 JAN 1678 1199 66 413 479 293 313 642 430 FEB 1465 1029 62 374 436 224 273 572 396 MAR 1409 981 50 378 428 160 308 552 389 APR 1343 1029 62 252 314 207 274 526 336 MAY 1308 977 42 289 331 176 244 513 375 JUN 1406 972 55 379 434 168 242 552 444 JUL 1420 1026 57 337 394 189 274 531 426 AUG 1332 992 53 287 340 145 236 565 386 SEP 1263 971 51 241 292 170 243 477 373 SOURCE: Bureau of the Census, Construction Reports, Series C20, Housing Starts. McGroarty/Dooley November 8, 1989 3:00 pm [REALTORS] PRESIDENTIAL REMARKS: NATIONAL ASSOCIATION OF REALTORS DALLAS, TEXAS NOVEMBER 10, 1989 2:15 P.M. Thank you, Ira [Gribin]. I know I speak for everyone here today when I salute you for serving so ably as President of the National Association of Realtors. My best wishes to your successor, seated down in front here: Norm Flynn. And let me recognize the man who's doing such wonderful work as Secretary of HUD, Jack Kemp, and two fine members of Congress who have travelled down on Air force One with me today, Senator Phil Gramm and Dallas' own Congressman, Steve Bartlett. X [[ Ira mentioned to me on my way in this afternoon that my speech is a special occasion for this association. // I said I was honored -- and then Ira said "It's not often that we're addressed by someone who lives in public housing." ]] //// [[ The truth is, I am not a real estate wizard. When I was elected to Congress back in 1966, we needed to make housing arrangements up in Washington. At that time, Senator Al Simpson's father, Milward, was retiring and moving back to Wyoming. So I bought the Simpson place -- sight unseen -- made the deal over the phone. When we got to Washington, there were just two problems: we found out right away the house wasn't quite big enough for the Bush family --- and we found out when we 2 put the place up for sale that it wasn't worth quite as much as we paid for it. /// That's my claim to fame: I'm the only person who ever lost money in Washington real estate in the last 20 years. /// Ira, where were you when I needed you? ]] But few people have done more for the real estate industry than I have. // Barbara and I have moved 28 times in our 44 years of marriage. /// Now I know what you're thinking -- what a dream client my family would make for any realtor. /// In fact, OMB is calculating the commissions we've paid over the years -- measured as a percentage of the GNP. ]] //// I came here today to lay out a comprehensive plan to bring basic shelter and affordable housing within reach of millions of Americans. I call it Project HOPE -- Homeownership and Opportunity for People Everywhere. But before I tell you about Project HOPE, I want to speak for a moment about the single most important factor in helping millions of Americans realize the American Dream: the economy. Because the truth is, there's no better housing policy than a strong economy. One that provides jobs and opportunities for advancement -- interest rates that open ownership opportunities to hundreds of thousands of first-time home buyers. That's crucial -- because a 1 1/2 point drop means an additional half million families able to purchase that home they want. And all signs point to continued strength in the economy. November marks the seventh full year of economic expansion -- the longest peacetime expansion in our nation's history. 3 Unemployment is lower now than at any point since the early 70s. And here's one statistic that has to please all of you: home mortgage rates are down from almost 14% back in November, 1982 to less than 10% today. All of us know that the way to keep this expansion alive is to stick with the pro-growth policies that set it in motion -- the policies that allow the private sector to do its work: to create prosperity and higher standards of living. Of course, part of any reasonable economic policy is getting our fiscal house in order. // I want you to know that my Administration is hanging tough for a responsible budget -- with real deficit reduction, no smoke and mirrors. We don't like sequestration -- no one does. But we'll live with it if we have to -- if it's the only way to rein in spending and bring that deficit down to the Gramm-Rudman target. I'm ready to sign a budget bill -- whenever Congress is ready to strip off all the costly extras and add-ons hidden away in those omnibus spending bills. A responsible budget is one of the best signals the government can send for the sake of continued growth. And I'm optimistic -- optimistic that my Administration and the Congress -- with the help of members like Phil and Steve -- can agree on a responsible budget. Optimistic that we'll see more and more Americans prospering -- providing better lives for their families, and looking to all of you to help them realize their dreams. 4 That's where Project HOPE comes in. These initiatives address the full range of housing concerns: from shelter for the homeless to affordable housing for low-income families -- to initiatives that will help millions more Americans own their own home. Let's start right there -- with what Project HOPE can do for first-time home buyers. You know first-hand about families working hard to buy that first home -- families whose savings are no match for skyrocketing prices. First-time buyers deserve our help -- and they're going to get it. I will ask Congress to enact legislation allowing first-time buyers -- or their parents -- to draw without penalty on IRA savings as a downpayment for that first home. And we've got to expand the home-buying base -- bring more low-income families into the ranks of homeowners. I will earmark funds from the Federal Housing Financing Board, to be used for mortgage rate buy-downs to make homeowning an option for more low-income families. And Project HOPE means initiatives to improve low-income housing. Let me say right away that my Administration rejects costly new construction programs that, in the past, have too often produced the housing projects that symbolize the very absence of hope in our inner cities. This Administration remains 100% behind housing vouchers that let low-income families choose for themselves where they wish to live. 5 Our challenge is to create incentives that maintain the low- income housing we need. I will ask Congress to renew the Low- Income Housing Tax Credit -- on one condition: that the Low- Income Housing Tax Credit is part of a package that includes a cut in the capital gains tax. I know the National Association of Realtors has fought hard to make a capital gains cut a reality. Well, the fight's not over. We're going to continue to push hard for one simple reason: because a cut in capital gains is good for growth. /// And Project HOPE can help us reverse a trend that's stunting some of the growth and development that would otherwise take place in low-income areas. Too many poverty-stricken areas have simply been redlined -- ruled too risky for lending. I am asking the Federal Housing Authority to work with neighborhood non- profit groups to open a new flow of credit for low and moderate income housing. The time has come to replace the redline with a greenline -- to color these inner-city neighborhoods green for growth. And there's another way we can enlist growth in the battle to improve living conditions in low-income areas. I'm talking about Enterprise Zones. I've called on Congress to create at least 50 Enterprise Zones over the next four years. Phil and Steve: I hope you'll take this message back to your friends on the Hill, because it's time we gave the green light to the urban entrepreneur. 6 Indianj whome, You know, Winston Churchill once said about the homes we build, "We shape it -- and thereafter, it shapes us." The same is true when it comes to low-income housing policy. That's why Project HOPE includes initiatives to expand resident management and, yes, resident ownership. That's the idea behind our HOPE Grants initiative. It's already working: In Kenilworth-Parkside, back in Washington, D.C. In Cochran Alphoneo Gardens in St. Louis. And it's going to work right here -- at 3600 the nation's second-largest public housing project in West Dallas units -- and all across the United States. George Loving Twiners Court Elmer Scott Rhodes Terrace Edrar Ward The results are promising: with tenants in control, we see (Olphoned better maintenance, more rents paid on time, a decrease in people on the welfare rolls as job opportunities emerge. And we see something more: a sense of pride that is the very core of any thriving community. I don't know any better way to revive hope in our inner cities than to give tenants a say in running their communities, a stake in the future and the hope that they, too, can own a home. Because the true measure of success isn't how many families we add to housing assistance roles. It's how many families move up and out -- and into the ranks of homeowners. /// Project HOPE can make a difference for millions of Americans who want to buy a home -- or who simply want to provide their families decent housing and better hopes for the future. But there are other people out there we've got to help. People who stand in the shadows of what is otherwise a very bright economic 7 picture -- who live a nightmare in the midst of the American Dream. We see them every day -- on the streets of our cities, sleeping on steam grates, living out of cardboard boxes. The homeless. // For all of us, November is the time of year we start looking forward to the holiday season: Thanksgiving, Christmas, New Years. For the homeless, November is the time of year the temperature starts to drop, and simply making it through the night becomes a life and death struggle. // Think about the children. Pretty soon, your kids will be dreaming about Christmas toys -- that new video game or new bike they'd like. It's different for kids on the street. I read a story not long ago that's stuck in my mind about a little boy Dan without a home. Here's what he dreams about at night: "I dreamed my Mom got her Section 8, and we got a house with a great big back yard.' But in the morning, the dream is over. That little boy is up at 5:30, out of a shelter and back onto the streets. /// That's a tragedy -- because no child in America should have to grow up on the streets. And every family in America should have a roof over its head. /// My Administration is going to do its part to expand emergency shelters. We're committed to fully funding the McKinney Act. We're directing the FHA to set aside 10% of its foreclosed housing for lease to homeless groups. And today, I want to announce that -- as part of the savings and loans 8 recovery program -- I will make certain that a portion of the properties from failed S&Ls be put to public use as facilities for the homeless. But we can't begin to eliminate homelessness -- to really get at the root of the problem -- until we understand the various reasons that lead to life on the streets. Homelessness isn't just a matter of too little shelter space. There are the working homeless, men and women -- some with children -- who hold down a HUD job, but still can't afford a home. But they are only a fraction of the many homeless men and women who are literally incapable of caring for themselves. And if we care about them, we've got to take more than a one-dimensional approach to the problem. The fact is this: Two-thirds of the homeless out on our HUD streets suffer from drug dependency or mental illness. For these men and women, shelter alone is not enough. Homelessness is just one symptom of the larger problems that prevent them from caring for themselves. The answer for the homeless who are mentally ill or addicted to drugs is shelter plus: shelter supplemented by the necessary support-services to get these people the help they need to live in dignity. And that means a partnership -- a combined federal, state and local effort -- to supply the funding and other resources that constitute a comprehensive solution for the hard- core homeless. The key here is coordinating basic needs like shelter with other social services -- to help the homeless get the treatment 9 they need to get control of their lives. To help them find and hold down jobs. To help them regain hope -- and leave life on the streets behind for good. /// Helping the homeless. Helping low-income families find affordable housing, decent housing. Helping more of the 80 million Americans who don't own a home join the ranks of Dan homeowners. Those are the aims of Project HOPE -- aims well within our reach. Think about that little boy I spoke about a moment ago. Think about his dream -- because it's really the American Dream - - what all of us want for ourselves and our families. /// Thank you. God bless you -- and God bless the United States of America. # # # NATIONAL AFFAIRS CHILDREN OF THE UNDERCLASS A neighborhood where even boyish play has ominous undertones elix and his friends are hanging out at 19th and F Susquehanna, waiting for something. Every- body knows Felix: at 17, he runs one of the more successful crack franchises in north Philadelphia. Today, a rainy Saturday, Felix is wearing a black baseball cap and an expen- sive-looking black raincoat. He is scowling: anyone can see he's taking care of business. Thirty minutes go by before Silk comes up the block. Silk is carrying an um- brella, and he looks nervous. Felix and his friends meet Silk in the middle of the intersection. There is a sud- den argument, and two of Felix's friends hit Silk with a flurry of quick body punches. Silk's umbrella goes flying and he falls to the rain-slick pavement; he lies there, defenseless and unresisting. "I TOLD you not to mess with my MONEY!" Felix yells, standing over Silk. This story was reported by Vern E. Smith, Howard Manly and David L. Gonzalez. It was written by Tom Morganthau. 16 NEWSWEEK : SEPTEMBER 11, 1989 NEWSWEEK : SEPTEMBER 11, 1989 17 PHOTOGRAPHS BY LESTER SLOAN-NEWSWEEK P7 is PHYS ED GILLESPIE NA PERAY R Then he and his friends saunter away. A sell it and a curse on those who use it. low-income residents. The 2100 block of message has been delivered, and everyone Unlike heroin, crack is widely used by North 19th Street, where Miss Nee lives, on the block will hear it. women. That fact alone has disastrous con- includes a church, a vest-pocket city park sequences for low-income families. If sin- and 34 brick row houses. Many are owned It is late afternoon when Miss Nee gle-parent households have contributed to by the Philadelphia Housing Authority comes home with the clothes for her fos- the intractability of poverty in the past, no- and rented to low-income tenants. The resi- ter child Joe: two pairs of shorts and two parent households may be poverty's ap- dents take part in a neighborhood crime- T shirts, bought at the secondhand store palling future. And crack is a catastrophe watch program, and a clear majority want for less than $5. "I just didn't want him to for the young. It has touched off an explo- no part of drugs or drug dealing. Jewel have to put up with people talking about sive increase in birth defects and an epi- Williams, the unofficial mayor of the Sus- him," she says. "You know how kids are. If demic of child abuse and parental neglect. quehanna Avenue area, has been fighting you don't look just right, they're going to Its profits, in neighborhoods where the for his neighborhood for years. He has make fun of you." It's a slow afternoon in standard of living is very low, have led or more than once considered pulling out. midsummer, oppressively hot on North forced thousands of inner-city youngsters "But every time I get ready to pack up and 19th Street. Down the block, near Susque- into hard-core crime, and many others into leave I think, 'How can I escape this?" he hanna Avenue, three teenagers are shoot- addictions from which they may never re- says. "I've got to do something for these ing craps in the doorway of Craig's Laun- cover. It has bankrupted parental author- babies, for these kids. Somebody's got to dromat. Toddlers race up and down the ity and it is destroying the fraying social save the ones that are salvageable." sidewalk, playing noisy baby games, and fabric of inner-city neighborhoods all over Partners in austerity, Miss Nee and her older kids are lining up at Jewel's Store, the United States. kids make do on food stamps and $474 a around the corner on Susquehanna, for Miss Nee and her neighbors are under month from the government. There is gov- flavored water ice. Up on Diamond Street, siege every day, but they have by no means ernment-surplus rice, plenty of spaghetti at the other end of the block, a group of surrendered to crack. The neighborhood, and sometimes a little meat; the meat man, men nurse 40-ounce bottles of beer called just west of Temple University and only 15 who drives through the neighborhood in 4-0s in brown paper bags. blocks from Philadelphia's glossy down- his car once a week, sells to regular custom- Miss Nee's house stands near the north town, is a mixture of middle-income and ers like Miss Nee on credit. Until this year, end of the block, on the west side of 19th Street. Owned by the Philadelphia Hous- ing Authority, it is flanked on both sides In north Philly, a rising sense that by boarded-up buildings and it is almost children are at risk as never before barren inside. Officially, at least, Miss Nee, Joe, Kita and Yvonne are the only occupants, although on any given night Miss Nee, who is well known for her open- door policy, plays hostess for up to a dozen neighbor- hood kids. Miss Nee-Gene- va Leaks, 52-has been rearing children all of her life. She raised her younger brothers and sisters and five kids of her own-and if she now takes no sass from Joe, Yvonne and Kita, she clear- ly understands their need for mothering. Joe Rutling 14, and he has been living with Miss Nee for slightly more than a year. Okita (Kita) Allen, 15, moved in four years ago. Yvonne Wil- liams, who is 14, has been in Miss Nee's care since she was 5 years old. None is re- lated to Miss Nee by blood or marriage. Miss Nee's neighborhood is in serious trouble, and the reason is crack cocaine. Crack is more than just the latest drug to hit the Ameri- can underclass. Since its appearance on inner-city streets three to five years ago, it has proven to be an illicit bonanza for those who Miss Nee supplemented her income by ta Williams, who says chil- taking her charges over to New Jersey dren "get on her nerves," to do daywork in the blueberry fields. has been hospitalized sever- The work was hard-all day in the sun at al times for nervous break- the minimum wage-but they needed the downs. She says her doctor money and she wanted to teach the kids has prescribed Thorazine, the value of a dollar. "What you get," Miss a powerful antipsychotic Nee likes to say, "is what you sweat for." drug, for her problems, but Last spring, however, the social worker admits she rarely takes it. discovered that Yvonne's brother had "Yeah, I drink," she says, earned $69 for two days' work in a packing "but so does everybody." plant: under welfare rules, that amount Yvonne says her mother was deducted from Miss Nee's food-stamp "was having problems" and allotment. "They say, "Try to get your kids couldn't take care of the a summer job'," Miss Nee says now, "but family. "I used to cry a lot," I'm not taking no chances." she says. "I still love her, Yvonne, Kita and Joe treat Miss Nee even though she can't take with respect and a hint of wariness: she is a care of us. I love my mother tough lady, but she is the rock of stability in and Nee equally." their young lives. All three have seen their Kita, still tomboyish in families fall apart in recent years, and her jeans, is pregnant at for practical purposes they are Miss Nee's the age of 15-"babies hav- kids now. Yvonne, whose four brothers and ing babies," people on the three sisters are scattered among different block say, shaking their relatives and foster homes across the city, heads. Kita is laconic about sees her father only occasionally; she sees her pregnancy-"it just her mother, Alberta Williams, somewhat came about," she shrugs— more often. "She goes off on her own a lot," but Miss Nee says Kita want- Yvonne says of her mother. "Sometimes ed the child. "Kita knows she walks in the streets by herself." Alber- how to raise kids," Miss Nee says. "She's going to be a Miss Nee is tough-but she is a rock very good mother. She's of stability for Yvonne, Kita and Joe been cooking since she was 5 years old, and she took care of her two brothers." Kita's On any given night, Miss Nee's brothers now live with their grandmother, and her fam- house may be filled by up to a ily has ceased to exist. Her dozen neighborhood kids. She father was killed in a gang feud before she was born, has a reputation for never and though Kita will not talk about it much, her turning a needy child away. mother has a history of co- caine abuse. "I was a junk- ie," Kita's mother, Cookie Allen, says. "I and then" and that he thinks about his was selling drugs out of my house." Allen mother "all the time." He likes Miss Nee says she has been homeless since her family and he's grateful for her help, but he has broke up two years ago. Asked about her come to hate the neighborhood. "I see how relationship with Kita, Allen says "that's it is here," he says tonelessly. "It's evil." none of your-ing business." Joe Rutling doesn't talk about his family They call it "clocking" in north Philadel- much either. His father has been in trouble phia, and it has nothing to do with punch- with the law and his mother is down in ing a time clock. Clocking means getting a Virginia, getting away from whatever hap- pack of cocaine from somebody like Felix, pened in Philadelphia. When his mother then standing on a street corner to hand off asked him if he wanted to move in with caps of crack to the pipers and users who Miss Nee last year, Joe saw his chance and drift by. The rules are well established: took it. He's a quiet kid who does well in don't let the police catch you holding too school, and he keeps a certain distance much cocaine, don't use it yourself and from the other teenagers on the block. Joe don't stiff the dealer when it comes time to sees the devastation crack has brought to pay up. (That was Silk's mistake.) The north Philadelphia, and he is adamantly clockers are all juveniles, and one of them, opposed to drugs. "I taught myself that a boy named Bobby, is only 10 years old. drugs were bad," he says firmly. "Some- Some of them wear tiny gold charms that times, when people start talking about look like miniature watch faces-a dealer's drugs, I just leave. It's hard to tell people trademark, which is probably where the that stuff is bad for you-they don't listen." term clocking came from. Everyone on Joe says his father talks to him "every now 19th Street knows about clocking, and NEWSWEEK SEPTEMBER 11, 1989 19 NATIONAL AFFAIRS many of the boys do it. "It's messed up clock, work on the corner.' And they think ed me to come around and visit him, but I around here," says Kevin Abbott, who is 14. that's the way out, they think it's cool. So told him no because he had all those drugs "You can buy about anything for $5." automatically, they grab hold to it-it's on him. I knew something was wrong. I "It's about subliminal seduction," says fast money, you know what I'm sayin? So could feel it." He called that night from jail, Pimpin' Sam. Pimpin' Sam is in his mid- they're hooked to the drug-dealing life- she says, busted on his first time out 20s-a heroin user, but one of many north style. They think it's cool to wear gold and clocking. Philadelphia addicts who has shifted to name-brand stuff, not being aware that speedballing, injecting a combination of they should be trying to get their Miss Doris Jackson-frail, arthritic and heroin and cocaine. Sam went to college for education. spirited-has lived on 19th Street for 50 a while, and he uses high-powered terms "My generation, what we were instilled years, and she is a pillar of the community. like "subliminal seduction" to explain the on was morals, values and respect," Sam "Don't you care about yourself?" she says basic appeal of clocking, which is money. says. "If I disrespected your mother, she to the kids, shaking her cane. "Don't you "It's like the sneaker commercials on TV would beat me, and when I got home my know your body is a temple?" Neighbors that say they can make you run faster and mother would beat me, too. Respect laugh about the time Miss Doris marveled jump higher," he says. "The kids all want played a bigger part. Now the new genera- that a newborn child was SO small. "Don't them. But basically, they all come from tion-what's being cool to them is being a you know she's a crack baby, Miss Doris?" single-parent homes. Some of the parents hustler. It's got a lot to do with TV, someone said. "Don't you know nothing?" are on welfare, others work. You got, say, parents, babies having babies. When Early one morning Miss Doris got up to 10 hungry kids that are willing to sell drugs you're young, you're gonna do what your investigate loud voices on the street outside all night and all day to get some Adidases or parents do, [and] if your mother is on the her house. It was Felix and his friends. some other name-brand stuff. This is the pipe, you're going to be on the pipe." He "You know you ain't supposed to do what only way they're going to get it. hobbles away on crutches-Sam got his you're doing," Miss Doris said. "The dealer takes advantage of that, you leg broken recently in some mysterious "What am I doing, Miss Doris?" Felix understand what I'm sayin? He flashes the street-corner dispute-heading for the said, grinning. money in their face and says, 'You can have shooting gallery they call the Chateau "Do you really want me to say it?" this, you can have that. All you got to do is Luzerne. As he walks up Susquehanna she asked. Avenue, two boys coming "No, Miss Doris," Felix said. the other way take care to "All right, now you know you done give him plenty of room. wrong," Miss Doris said, satisfied. "Aww, Miss Doris," Felix said, retreat- Like any poet, Kevin ing toward the avenue. Abbott writes about what he knows best. This is Almost everyone on the block has had his rap song about north some kind of confrontation with the clock- Philadelphia. ers and pipers who infest the neighbor- "I grew up in a neighbor- hood. The Rev. Al Blasingame, who makes hood drug-infested. a brave stand for the straight and narrow All these situations, only at Faith Tabernacle Baptist Church just once arrested. across Susquehanna Avenue, had his mo- I saw my people fall and ment last spring when someone broke into rise, rise and fall the church and stole the telephone, some In this short life I've seen hand tools and his prized pastoral vest- it all. ments. Furious, the Reverend Al offered a I saw my people selling $50 reward for information and got a tip smoke, and they're sniffing that he ought to check out the clientele at It was like a dream, but a crack house half a block away. Enlist- the dream was drifting. ing Jewel Williams as a backup, Blasin- So if you're not doing game marched across the street to the drugs, raise your hand. crack house and, to the amazement of those 'Cause you will be reward- inside, kicked in the door. "I'm going to ed LIFE in the end." get my stuff back or I'm going to throw each one of you out the window!" he said. A girl on the block is talk- "I'll give you three days to get my stuff ing about her boyfriend. On back or you can prepare to go to war. Do Mother's Day, she says, her you understand what I'm saying? I want boyfriend wanted to buy his my cape back." Jewel Williams is ombudsman for a mother a present, but he The telephone and the hand tools were neighborhood in serious trouble had no money. So he decided returned within the day-but the missing to sell some powder. "I told cape, which is what really got the Reverend 'How can I escape this?' he him that if he wanted to be Al going, turned out to be at the dry clean- with me, he couldn't be in- er's. Only then did Blasingame realize says. "I've got to do something volved with no drugs," she what he had done. "There were four of says. "He didn't have to do them," he says now. "They could have for these babies, for these it. He never had any prob- killed me." lems. He was getting good The crack house, one of the many city- kids. Somebody's got to save the grades in school. But he was owned abandoned buildings on the block, ones that are salvageable.' trying to be like the big boys. suffered a mysterious fire a few weeks later. Earlier in the day, he want- Whoever did it was kind enough to warn the 20 NEWSWEEK SEPTEMBER 11, 1989 4 saw my people fall and rise, rise and seling and emergency food supplies, all on a fall, in this short life I've seen it all' shoestring budget. The common denomina- tor is saving kids. "While we were out fix- ing up houses," Jewel says, "we found out it dopers and the next-door neighbors that it venience store on Susquehanna Avenue, was our youth that was deteriorating." He would be wise to go somewhere else that and he is president of the Susquehanna estimates that at least 5,000 children un- night, and the fire broke out after midnight. Neighborhood Advisory Council, a city- der the age of 14 live within the NAC A crowd gathered quickly, though it was funded uplift agency that maintains a boundaries, many of them with surrogate more than a few minutes before anyone scruffy set of offices down the avenue from mothers like Miss Nee. called 911. The building, already stripped of his store. By night Jewel is a campus police One shelf in the NAC office is filled with its plumbing and wiring, was gutted SO com- officer at Temple University and he has a boxes of infant formula for emergency pletely that even the crackheads were license to carry a pistol, a Smith & Wesson cases. "We have families who are going forced to move on. "Spiritual justice was automatic. It is always there, holstered on hungry because the mother or father is on done," one of the neighbors says. his right hip, a symbol of his status as pro- crack," he says. "They spend the money on tector and ombudsman for the neighbor- drugs and then come here begging for food. Torching the building made little differ- hood. Jewel is married with three children Most of the crack mothers drop their babies ence to the neighborhood. There are three of his own, and his wife, Bernice, thinks he off on the grandmother. Then we get the other crack houses within easy walking spends too much time on the block. "My grandmother calling us for milk to feed the distance and kids are still clocking along wife gives me hell sometimes because I newborns." In one case, he says, a woman Susquehanna Avenue. The lookouts lit- spend more time with other kids than I do addict locked up her children in the house tle boys, some as young as 6-yell warnings my own," he says. while she went out for drugs. "The kids were as the police drive by, and the clockers run But Jewel, convinced that "we've lost in there for two days," he says. "Their Pam- away through a maze of alleys. Like Viet- three generations already," is determined pers had maggots in them. When you see nam, the Philadelphia drug war is a war to do all he can. The Neighborhood Adviso- something like that you say to yourself, with no front line: crack's real damage is ry Council, called "the NAC," started out 'Stop worrying about the 18-year-olds within the family. as a campaign against blighted housing. who re getting high and start paying atten- No one knows it better than Jewel Wil- But crack's arrival in the north Philadel- tion to the little kids and the babies'." liams. Jewel is 32-stocky, muscular, per- phia ghetto has changed everything, and He could start with Lucas and Bobby. petually alert, an omnipresent figure in Jewel and his staff of three now provide Bobby is a big kid who looks much older the neighborhood. He owns the tiny con- recreation programs, summer jobs, coun- than his real age, which is 10. His mother, 22 NEWSWEEK SEPTEMBER 11, 1989 NATIONAL AFFAIRS so addicted that she is slowly becoming way I'm trying to teach her, put it that way, sucking on a joint at 10, 11 or 12. Before emaciated, spent the welfare checks on and I don't want to see her follow in my they know it, they don't want the weed. crack, and Bobby and his sister lived in an footsteps." They've got to get that charge. So they go abandoned house with no electricity and no and buy a cap and then they're hooked up. running water. When Bobby's grandmoth- There is a girl in the neighborhood who They'll take anything and make a pipe out er bought him clothes, his mother sold knows about another crack-house arson. of it-a tin can, a broken car antenna." them to get more crack. Finally Bobby The girl's mother was an addict, and she Kevin Abbott, the neighborhood poet, says went to a dealer he knew and began clock- sold and used crack in the home. The family younger addicts "know what's happening, ing on Susquehanna Avenue, hanging out was in chaos and the children were going but they just don't care." all night until his pack of "nickel powders" hungry. The girl tried to stop her mother's was sold. "His mother don't care, as long as drug abuse many times and failed. Finally Five years ago a no-name north Philadel- he's giving her some," says Lucas, who is the girl said, "IfI can't get the drugs out of phia welterweight named Kevin Howard 15. Lucas's mother is a crack addict, too. "I the house, I can make it so no one gets drugs stunned the boxing world by decking Sugar talk to her every day," he says. "IfI tell her here." The girl burned down the family's Ray Leonard in what was supposed to be an to leave it alone, she'll stop for about three house. She was 12 years old. easy bout. Leonard survived, winning the weeks, then go behind my back." When he fight in a ninth-round TKO, but Howard grows up and gets a job, Lucas says, "I'm Children in this neighborhood are so ex- became an instant hero for the homeboys on gonna take her to a rehab place where she posed to drugs that teachers at the Head the block-another Smokin' Joe Frazier, can get herself back together, and then I'm Start school at 18th and Diamond streets the pride of black Philadelphia. "Just like going to take her far, far away and let her have begun teaching their students about I'm talking with you, I was talking with live by herself. I love her." crack before they begin the usual pre-read- Sugar," Howard says now. "We had lunch ing program. "They can identify crack caps together, we had dinner together, we went It's not the kids, Renee Johnson says, it's and vials as young as 4," says one teacher. out together. He said to me, "There's some- the parents. "If the mother's sitting there "We've had to adjust our entire approach to thing about you I like. You ain't like all the selling [crack], what's that telling the what's important to these children." other fighters. You ain't talking about kill- child? If the son's out there selling it and Grade-school kids are introduced to co- ing me or knocking my eye out.' I said, 'It's the mother's sitting there holding it, what caine along with marijuana. "It's called a not like that. This is a business. But believe good is that gonna do? The mothers turbocharge," Jewel Williams says. "They this: if there's a fight, I'm going to try to take know the kids are making money, and think turbo is not addicting, so they start your ass out.' mean, showed no fear." they're getting some of the money so Howard lost it all in a they're happy." The kids aren't bad, she Jean Hobson says crack has hurt the blur of fast living. His last says, "they just don't have no discipline. neighborhood more tban heroin did fight was three years ago, They figure if their mother's doing it, hell, I and he was knocked out in can go do it, too. That's why I watch the ones whose mothers are on drugs. I sit there and 'Little kids are starting-kids the seventh round. Today, he lives in a dilapidated row wonder, what're y'all thinking about?" 6, 8 years old,' she says. 'They house and spends his days One reason Renee thinks about the kids shuffling around the neigh- so much is that she is a crack user, too-and she has a 13-year-old daughter, a beautiful get the thrill and then they're borhood with a broken- down shopping cart looking girl named Kaneesha. Renee says a boy- hooked. [The dealers] use for salvageable trash. "He friend turned her on to crack several years used to be a bad dude," one ago and that she became a closet addict. them to carry drugs.' of the neighborhood boys "She's never seen me do it. I used to go to work, come home and go straight to the room. I would never go outside until I came down," she says. Renee's mother per- suaded her to enter a residential drug- treatment program in upstate Pennsylva- nia, but the stay there did not end her addiction. Now, she says, the thought that Kaneesha might try drugs is forcing her to try to set a better example. "What if Kanee- sha was to smoke a joint? What could I say? What right would I have to say anything about her when I do it? It made me really slow down," Renee says. Kaneesha is going to summer school this year, and she has an afternoon summer job as well. She thinks she wants to be a nurse, but she dreams of becoming a model. Re- nee, watching and worrying for any sign of involvement in drugs, thinks about getting family counseling or sending Kaneesha to Baltimore to live with her uncle. "Kanee- sha can't understand why I stay on her the way Ido," she says. "But I don't want her to go through the same things I went through when I was coming up. I wasn't taught the NEWSWEEK SEPTEMBER 11, 1989 23 says. "But now, Kevin is like, 'Can I have a When families fall apart, children quarter or something?" "It doesn't make me feel good to know take refuge wherever they can what I'm doing out here in the streets and know that kids still look up to me," How- dealer. "We absolutely have to target the them from the drug trade and the drug- ard says. "The No. 1 thing I tell them real young kids," says Philadelphia Police related crime that is all around them. But is, 'Don't let nobody influence you into Commissioner Willie Williams, a veteran the beat cops are not optimistic. "Can this something wrong' It's not only 'caine, of the Double Deuce. "Completely educate neighborhood be brought back?" one offi- it's alcohol, too. It's marijuana. These them about drugs, sex and how to protect cer asks rhetorically. "No. We lost this things are a downfall. I'm talking from themselves from family members leading generation." experience." them to drugs." Howard, who is only 28, says it would be With the city hall in a perennial budget Police veterans and longtime residents "best for me to get out of the neighborhood crunch, street manpower is already so I can stay on top." He still thinks he will are nostalgic about the good old days of stretched thin. That means cops like Brax- be "the spoiler of the '90s." heroin, PCP and gang wars-nothing, ton and Ziernicki spend their shifts jump- they say, compares with the social conse- ing from one radio call to another-investi- "Man up!" the lookouts shout as plain- quences of crack. "I've been through pot, gating burglaries, chasing clockers down clothes officers Jeff Ziernicki and Harold white lady and blue lady [forms of synthet- the alleys, handling domestic disputes. Braxton creep up Susquehanna Avenue in ic heroin], and I can't go through this Check day, when the welfare checks arrive, much more," says Jean Hobson, who has their boxy blue Plymouth. Braxton and brings an avalanche of 911 calls for drug Ziernicki work the Double Deuce-the lived in north Philly for 40 years. "I'd and alcohol emergencies; because crack rather see gang warfare come back. Now 22nd police district, one of the busiest in abusers tend to be wired and hyperactive, Philadelphia. Some 60,000 people live with- you don't have protection from nothing or even routine family arguments can erupt in in the 22nd's two square miles, and police nobody. When they get on that stuff, they violence. The reports of missing and aban- work there is a never-ending round of nar- don't know their own mother." Hobson, doned children start the following day, cotics enforcement and domestic disputes like Geneva Leaks, is famous in the neigh- when relatives and neighbors realize that that often involve crack. Drug arrests for borhood for rescuing unwanted children, the toddlers next door have no one to look adults and juveniles are sharply up in the and she is shaken by the fact that younger after them. "We have to be marriage coun- and younger children are being drawn past two years; last year the 22nd district selors, taxi drivers, referees, babysitters- into dealing and using crack. "The little seized drugs, cars and cash totaling nearly everything," says Jeanette Barnes, a vic- $2 million. The cops see the social causes— kids are starting-kids 6, 8 years old," she tim-assistance officer for the 22nd. the accelerating breakdown of the family, says. "They get the thrill and then they're Capt. Al Lewis, the 22nd district com- the lack of positive role models and econom- hooked. [Dealers] use them to carry drugs, mander, is trying to promote community- because the man ain't gonna bother them. ic opportunity for youth-but they see the action projects like offering reading classes pure viciousness, too. In one case, a year and They're kids-kids you never thought at the station house. He is also well aware a half ago, two brothers 9 and 12 were mur- would be caught up in this," she says. "My that residents of the Double Deuce "desire dered when their mother, who was an ad- God, they were such good kids." nothing less than people in middle-class dict, stole the stash they were holding for a neighborhoods," which means protecting The names Felix, Silk, Bobby and Lucas used in this article are pseudonyms. 24 NEWSWEEK SEPTEMBER 11, 1989 not very humm McGroarty/Dooley November 6, 1989 1:30 pm [REALTORS] PRESIDENTIAL REMARKS: NATIONAL ASSOCIATION OF REALTORS DALLAS, TEXAS NOVEMBER 10, 1989 2:15 P.M. [Introductory remarks.] Thank you, Ira [Griben] -- the very able President of the National Association of Realtors. And let me say hello to two fine members of Congress who have travelled down to Dallas today, Representatives Bill Thomas and Claudine Schneider. [[ Ira mentioned to me on my way in this afternoon that my speech is a special occasion for this association. // I said I was honored -- and then Ira said "It's not often that we're addressed by someone who lives in public housing." ]] //// [[ The truth is, I am not a real estate wizard. When I was elected to Congress back in 1966, we needed to make housing arrangements up in Washington. At that time, Senator Al Simpson's father, Millward, was retiring and moving back to Wyoming. So I bought the Simpson place -- sight unseen -- made the deal over the phone. When we got to Washington, there were just two problems: we found out right away the house wasn't quite big enough for the Bush family -- and we found out when we put the place up for sale that it wasn't worth quite as much as we paid for it. /// That's my claim to fame: I'm the only 2 person who ever lost money in Washington real estate in the last 20 years. /// Ira, where were you when I needed you? ]] But few people have done more for the real estate industry than I have. // Barbara and I have moved 29 times in our 44 years of marriage. /// Now I know what you're thinking -- what a dream client my family would make for any realtor. /// In fact, OMB is calculating the commissions we've paid over the years -- measured as a percentage of the GNP. ]] //// I came here today to lay out a set of housing initiatives -- a comprehensive plan to bring basic shelter and affordable housing within reach of every American. But before I outline my housing proposals, I want to speak for a moment about the single most important factor in helping millions of Americans realize the American Dream: the economy. Because the truth is, the best housing policy is a strong economy. One that provides jobs and opportunities for advancement -- interest rates that open ownership opportunities to hundreds of thousands of first-time home buyers. And I know just how important interest rates are when it comes to home buying: a 1 1/2 point drop means an additional 670,000 families being able to purchase that home they want. And all signs point to continued strength in the economy. November marks the seventh full year of economic expansion -- the longest peacetime expansion in our nation's history. Unemployment is lower now than at any point since the early 70s. 19/82 - negashame mortzage rate aug. 15.14% Seat Oct 89 Halmoot X3 1 10.23% Nov. 1982 - 13.8% 28%, 2 21/4 1st wk Nov 1989 9.8% 5100,000 - mthly payment from 1100 830 mg 70 Doug 5147 Holzig Nov. 1982 3 And here's one statistic that has to please all of you: during this expansion, home mortgage rates are down by one-quarter. All of us know that the way to keep this expansion alive is to stick with the pro-growth policies that set it in motion -- the policies that provide the private sector room to do what only it can do: create prosperity and higher standards of living. Of course, part of any reasonable economic policy is getting our fiscal house in order. // I want you to know that my Administration is hanging tough for a responsible budget -- with real deficit reduction, no smoke and mirrors. We don't like sequestration -- no one does. But we'll live with it if we have to -- if it's the only way to rein in spending and bring that deficit down to the Gramm-Rudman target. There is an alternative -- whenever Congress is ready to strip off all the expensive extras and add-ons hidden away in those omnibus spending bills. A responsible budget is one of the best signals the government can send for the sake of continued growth. optimistic optimistic And I'm hopeful -- hopeful that this economic expansion will continue. Hopeful my Administration and the Congress -- with the help of members like Bill and Claudine -- can agree on a responsible budget. Hopeful that we'll see more and more Americans prospering -- providing better lives for their families, and looking to all of you to help them realize their dreams. Today, as I told you a few moments ago, I've chosen this occasion to announce a wide-ranging set of housing initiatives I 4 call Project Hope -- an initiative that stands for Homeownership and Opportunity for People Everywhere. Project HOPE addresses the full range of housing concerns -- to from shelter for the homeless and affordable housing for low- income families, to initiatives that will help millions more Americans achieve the American Dream: owning their own home. Let me start with low-income housing. And let me say right away that my Administration rejects costly new construction programs that in the past have too often produced the housing projects that symbolize the very absence of hope in our inner cities. This Administration remains 100% behind housing vouchers that let poor people choose for themselves where they wish to ? live. Our challenge is to create incentives that maintain an adequate stock of low-income housing. As part of a larger pro- growth package, I will ask Congress to renew the Low-Income of Housing Tax Credit to extend incentives for the construction low- income rental units. And it's time we reverse a trend that's stunting some of the growth and development that would otherwise take place in low- income areas. Too many poverty-stricken areas have simply been redlined -- ruled too risky for lending. I am asking the Federal Housing Authority to work with neighborhood non-profit groups to identify responsible credit risks in poor areas, and open a flow of credit into low and moderate income housing. The time has 5 come to replace the redline with a greenline -- to color these inner-city neighborhoods green for growth. But the real centerpiece of our plan for public housing is resident management and, yes, resident ownership. That's the idea behind our HOPE Grants initiative. It's already working: In Kenilworth-Parkside, back in Washington, D.C. In Cochran Gardens in St. Louis. And it's going to work right here in Dallas -- at the nation's second-largest public housing project in West Dallas. One of the reasons why it's going to work is, a fellow named Alphonso Jackson head of the Dallas Housing Authority one of the architects of those resident management programs in Washington and St. Louis. And the results are promising: with tenants in control, we see better maintenance, more rents paid on time, a decrease in people on the welfare roles as job opportunities emerge. And we see something more: a sense of pride that is the very core of any thriving community. I hope these successes are only the beginning -- of a nationwide shift towards tenant control, and ultimately towards tenant ownership. There isn't a better way to revive hope in our inner cities than to give tenants a say in running their communities, and a stake in the future: the hope that they, too, can own a home. // That's worth remembering. Because the true measure of success isn't how many families we add to housing assistance 6 roles. It's how many families move up and out -- into middle- class status, and into the ranks of homeowners. Point That's why Project HOPE includes initiatives to aid first- time buyers -- whose savings are often no match for skyrocketing home prices. I will ask Congress to enact legislation allowing first-time buyers -- or their parents -- to draw without penalty on IRA savings as a downpayment for that first home. And we've got to expand the home-buying base -- bring more low-income families into the ranks of homeowners. I will earmark funds from the Federal Housing Financing Board, to be used for mortgage rate buy-downs to make homeowning an option for more low-income families. Finally, it's time for all levels of government to take a second look at some of the well-intended housing policies that actually decrease our housing stock. I'm talking about the excessive rules, regulations and red tape that add unnecessarily to the cost of housing -- tens of thousands of dollars in some cases -- or create perverse incentives to allow existing housing to deteriorate. I have asked Secretary Kemp to convene a Blue Ribbon Commission to identify barriers to affordable housing and to make recommendations on how those barriers can be removed. And let me make the first recommendation myself: no city, state or town should receive a single cent of Project HOPE funds until they have identified barriers to affordable housing -- and devise a plan to remove them. /// no child 7 in no fundy america I think Project HOPE can make a difference for millions of Americans who want to buy a home -- or who want to provide their families whent housing and better hopes for the future. But there are other people out there we've got to help, Americans who good stand in the shadows of what is otherwise a very bright economic picture -- who live a nightmare in the midst of the American Dream. We see them every day -- on the streets of our cities, sleeping on steam grates, living out of a cardboard box. ey The homeless. // For all of us here today, November is the time of year we start looking forward to the holiday season: Thanksgiving, Christmas, New Years. For the homeless, November is the time of year the temperature starts to drop, and simply making it through the night becomes a life and death struggle. // Homelessness is a tragedy -- and Project HOPE won't be complete unless it helps the homeless. // But we can't begin to eliminate homelessness -- to really get at the root of the problem -- until we understand the various reasons that lead to life on the streets. Homelessness isn't just a matter of too little shelter space. There are the working homeless, men and women -- some with children -- who hold down a job, but don't earn enough to put a roof over their heads. But they are only a fraction of the many homeless men and women who are literally incapable of caring for themselves. And if we care about them, we've got to take more than a one-dimensional approach to the problem. 8 The fact is this: Two-thirds of the homeless out on our streets suffer from drug dependency or mental illness. For these men and women, shelter alone is not enough. Homelessness is just one symptom of the larger problems that prevent them from caring for themselves. The answer for the homeless who are mentally ill or addicted to drugs is shelter plus: shelter supplemented by the necessary support-services to get these people the help they need to live in dignity -- and to get started on the road back to the kind of normal lives we take for granted. And that means a partnership - - a combined federal, state and local effort -- to supply the funding and other resources that constitute a comprehensive solution for the hard-core homeless. The key here -- and the aim of Project HOPE's initiatives for the homeless -- is coordinating basic needs like shelter with other social services -- to help the homeless get the treatment they need to get control of their lives. To help them find and hold down jobs. To help them manage a home. To help them regain hope -- and leave life on the streets behind for good. My Administration is going to do its part. We're committed to fully funding the McKinney Act. We're directing the FHA to set aside 10% of its foreclosed housing for lease to homeless groups. And today, I want to announce that -- as part of the savings and loans recovery program -- I will make certain that a portion of the properties from failed S&Ls be put to public use as facilities for the homeless. 9 But Washington hasn't cornered the market on solutions to the problem of homelessness. Nor have state and local governments. We can't afford to overlook the fact that some of the most innovative -- and compassionate -- efforts to aid the homeless begin with individuals and institutions in the private sector. With men and women like you. I've heard about what the National Association of Realtors is doing -- about the state and local chapters running food kitchens and mental health clinics. About the fund raisers and donation drives you stage -- like the house raffles back in Fredericksburg, Virginia with all the proceeds going to help the homeless. Let me tell you: what you're doing helps make a difference where it matters most -- in the communities where you work and live. Today, I want to call on you to keep it up -- to build on what you're already doing, and to enlist others in your communities in this worthy cause. And I hope I can count on you to support the overall aims of Project HOPE -- to work with me to ensure that all Americans enjoy adequate housing and the hope of homeownership. Thank you. God bless you -- and God bless the United States of America. # # #