Growing a Strong Economy
As much of the United States has recovered from the worst economic downturn since the Great Depression in 2008, and unemployment levels have plunged, Zoe continues fighting to give Santa Clara families and businesses tools to grow their enterprises.
Zoe knows prosperity is more than a profit report. Prosperity begins with San Jose Main Street stores, Silicon Valley's global technology leaders, and working families alike thriving and creating opportunities for the whole Valley.
Achieving the American Dream
Zoe knows more remains to be done to drive the kind of economic growth that not only puts Americans to work in good jobs, but creates future opportunities for our children to live the American Dream.
Following the economic downturn in 2008, Zoe worked hard to address the housing market collapse to stop responsible Americans from losing their homes. Zoe also fought to protect working American families and our economy from the unethical banking practices which triggered the financial crisis.
While the economy has since rebounded from the foreclosure crisis, the high cost of housing in our region has become untenable. This continues to be a severe problem for a wide range of families, but it is even more impossible for those families just trying to make ends meet. Families will never be able to slowly build wealth and security if they are constantly being crushed by the costs of keeping a roof over their heads.
Zoe was an early supporter of the National Affordable Housing Trust Fund Act, which was enacted in the American Recovery and Reinvestment Act of 2009, and provides grants to States to increase and preserve the supply of rental housing for low-income families, including homeless families. She supports strengthening the Low Income Housing Tax Credit program, which assists in financing more than 100,000 units of affordable housing every year, and Zoe has also consistently supported increases to the Fannie Mae and Freddie Mac conforming loan limits for high-cost areas like Santa Clara County. These loan limit increases are essential in boosting the availability and affordablility of mortgages in regions like ours.
There is much work that still needs to be done to make housing more affordable. Zoe has cosponsored a resolution to support robustly funding programs to increase access to affordable housing and affirming the right of all renters to a safe, affordable, and decent home.
Zoe has likewise opposed the Trump Administration’s efforts to eliminate programs which provide crucial funding to help encourage homeownership among low- and middle-income families across the country.
Bringing down the costs of rent and home ownership will require strong partnerships between federal, state, and local governments and stakeholders. Zoe will continue to support federal efforts to make housing more affordable.
A Stronger, Innovative Economy for the 21st Century
As the elected Chair of the 39-member California Democratic Congressional Delegation, Zoe has worked with her colleagues to help California with investments in infrastructure, transportation, and clean American energy programs that put people to work in jobs that can't be sent overseas.
Zoe has also proposed legislation to ensure a free and open Internet that boosts U.S. ecommerce and has called for measures to increase U.S. innovation to compete in the global economy. She has authored legislation like the IDEA Act (H.R. 2161) to help American companies attract the best and brightest students, create American jobs, spur innovation, attract investment in America, while better protecting U.S. and foreign workers.
Sometimes what a legislator stops from happening can be as important as bills that are passed. Zoe was the leader in the effort to defeat the Stop Online Piracy Act (SOPA), which experts judged the single biggest legislative threat to a free Internet ever seriously considered by Congress.
Instead, by focusing our efforts to help our economy innovate, grow and thrive, Zoe believes we can create opportunities for everyone to reach their full potential of the American Dream.
More on Growing a Strong Economy
WASHINGTON, D.C. – U.S. Rep. Zoe Lofgren (D-San Jose) today announced farm operators in Santa Clara County are eligible to be considered for assistance from the Farm Service Agency (FSA) following severe weather from March 3 – June 1, 2016.
"After multiple disasters during the 2016 crop year, I'm glad to see the federal government respond to Governor Brown's request for assistance on behalf of farm operators who have experienced losses," said Lofgren.
Exciting new developments are underway which will soon allow federal agencies to construct power charging stations for employees with electric vehicles at no cost to the taxpayer. I recently received an update from the White House Council on Environmental Quality (CEQ) assuring me that encouraging progress is being made in implementing my recently passed legislation – the EV-COMUTE Act – and that concrete steps are being taken towards fostering more environmentally conscious transportation options for the federal workforce.
WASHINGTON, D.C. – U.S. Reps. Zoe Lofgren (D-San Jose) and Mike Honda (D-Silicon Valley) today submitted a regulatory comment on the notice of proposed rulemaking affecting high-skilled nonimmigrant workers, a centerpiece of the President's executive actions on employment-based immigration.
WASHINGTON, D.C. – U.S. Rep. Zoe Lofgren (D-Calif.) issued the following statement today after voting against the Fiscal Year 2016 Omnibus Appropriations Act:
"I was unable to vote for the Omnibus spending bill today because it included an extraneous provision purported to facilitate cybersecurity information sharing that – in effect – will function as a surveillance tool.
WASHINGTON, DC – Today, U.S. Reps. Zoe Lofgren (D-Calif.) and Trent Franks (R-Ariz.) introduced the Wireless Tax Fairness Act, a bipartisan, consumer-friendly bill to place a 5-year moratorium on new taxes and fees for wireless services.
WASHINGTON, D.C. – As high-stake negotiations to reach a new global climate accord unfold in Paris, U.S. Reps. Zoe Lofgren (D- Calif.) and Doris Matsui (D- Calif.) introduced legislation today to spur American investment in clean energy projects, create jobs, support the rapidly growing field of clean energy technologies needed to combat climate change, and help the U.S. achieve energy security.
WASHINGTON, D.C. – U.S. Reps. Zoe Lofgren (D-San Jose) and Mike Honda (D-Silicon Valley) issued the following statement today in response to an updated version of the October Visa Bulletin issued by the State Department on September 25th. The updated bulletin dramatically scaled back the number of immigrants eligible to apply for green cards and adjust to lawful permanent resident status:
WASHINGTON, D.C. - Democratic lawmakers led by U.S. Reps. Zoe Lofgren (D-Calif.), Julia Brownley (D-Calif.), Alan Lowenthal (D-Calif.), and Donna F. Edwards (D-Md.) introduced new legislation today to end partisan gerrymandering and reform the nation's patchwork redistricting system.