; Whereas a full-time worker earning the Federal minimum wage cannot afford a modest two-bedroom apartment in any State, metropolitan area, or county in the United States; Whereas over half of all renters are cost-burdened, paying more than 30 percent of their income for housing, and 71 percent of extremely low-income households are severely cost-burdened, paying more than half of their income for housing; Whereas rapidly rising rents across the country have pushed many long-time residents and families out of the communities they call home; Whereas 3 out of every 4 families in need of housing assistance are turned away due to chronic underfunding; Whereas the role of Federal affordable housing investment is even more important given the limited ability of the private market alone to address these needs; Whereas various programs at the Department of Housing and Urban Development provide Federal rental assistance, which helps about 10,000,000 people, including nearly 4,000,000 children and more than 4,000,000 low-income families, and such programs include the Public Housing program, the section 8 Housing Choice Vouchers (HCV) program, the section 8 Project-Based Rental Assistance program, the section 202 Supportive Housing for the Elderly program, the section 811 Supportive Housing for Persons with Disabilities program, and the Housing Opportunities for Persons with AIDS (HOPWA) program; Whereas despite leveraging billions of dollars in private resources to preserve and expand the supply of affordable housing, affordable housing programs continue to be chronically underfunded despite their success at providing safe housing to families in need; Whereas chronic underfunding of the Public Housing Capital Fund has led to a backlog of up to $70,000,000,000 in capital repairs and deteriorating conditions for residents