Temporary Forbearance For Families Affected By Contaminated Drywall
I thank my colleague very much for yielding. Madam Speaker, I stand here today to raise awareness about a problem affecting hundreds of families in Hampton Roads, Virginia, and thousands across the United States: the problem of toxic…
I thank my colleague very much for yielding.
Madam Speaker, I stand here today to raise awareness about a problem affecting hundreds of families in Hampton Roads, Virginia, and thousands across the United States: the problem of toxic Chinese drywall. Chinese drywall has induced serious health problems, created severe financial hardships, and driven thousands of American families from their homes.
Since January 2009, over 1,300 cases have been reported from now over 26 States and the District of Columbia. I have seen firsthand the physical, emotional, and financial burden toxic Chinese drywall creates. Just the other month I visited homes in my district that had the drywall installed. The toxins released by the drywall reeked of rotten eggs and had corroded the electrical wiring of the homes. In fact, there are homes that have had to replace expensive air conditioning units, televisions, microwaves, and other valuable appliances several times because of the harmful chemicals contained in the drywall.
Toxic Chinese drywall can also cause deep coughs, bloody noses, and severe
eye irritation. And those are just the short-term health effects that we know about. I wouldn't be surprised if even more serious health effects are soon found. Affected families have been left with an impossible choice: live in a home and put their family at risk, or shell out tens, if not hundreds of thousands of dollars, to replace the drywall. While some more fortunate families have been able to get help from friends, relatives and neighbors, many others have moved into rental housing, forcing them to pay both rent and the mortgage on the contaminated home. At a time when the economy is already struggling, this hardship is more than families can sustain.
Today, I urge my colleagues to support this resolution encouraging banks and mortgage servicers to work with their customers by allowing a grace period on their mortgage payments until they get back on their feet. Many banking institutions have already voluntarily provided mortgage forbearances for many of their customers, and I applaud the benevolence of these institutions. This can be a life-saver for affected families.
Madam Speaker, as we work to create long-term solutions, we must also find a way to give these families some relief now. I want to thank my friends Mr. Wexler and Mrs. McCarthy; my colleague from Virginia (Mr. Wittman); Mr. Buchanan; as well as Ms. Waters and Chairman Frank for working with me on this important legislation, and I hope the rest of my colleagues will join me in its support.