HUD's mission is to provide decency and sanitary housing for low and moderate income people in this country.

The largest challenge that we face, from my perspective, is the ability to continue moving forward so the agency will have a single mission: that is, to provide decent, safe, and affordable housing.

America is a place where you can be born into a low-income household but still lift yourself up, and it doesn't matter what color you are.

So, we're saying, if we can give developers and builders incentives to cut down on the regulatory barriers that are faced in this country, then we might be able to address the needs of affordable housing.

And what most people don't understand is the bulk of business in this country is small business.

As you know, in this country Anglo-Americans are about 75 to 76 percent home ownership in this country, where Hispanics, African Americans are less than 50 percent.