Here is the Obama Nevada Town Hall meeting speech video from Fri., Feb, 19, 2010. President Barack Obama delivers the address, announcing a new $1.5 billion housing assistance program, and takes questions at Green Valley High School in Henderson, NV; preceding a later speech in Las Vegas. Watch the live stream video online, embedded below of the event today which starts at 10 a.m. PT / 1:00 p.m. ET. Thereafter check back for full transcript text, video and pictures.
Updated with video and transcript below.
Update. Speech video is above. The full video including Q&A can be seen at CSPAN.
Here is the full Obama Town Hall speech transcript.
Here is the direct link of the live web-feed video on Ustream in partnership with CBS News. The town hall can also be seen on CNN Live. The full video and transcript will be posted here after event is over today.
As part of his visit to Nevada, the President also attended a private fundraiser for Democratic National Committee as part of his campaign efforts for Democratic Senate Majority Leader Harry Reid and he will address the Las Vegas Chamber of Commerce and the Las Vegas Convention and Visitors Authority after the town hall meeting.
According to the Washington Post, President Obama announces the new $1.5 billion housing assistance initiative, dubbed an “innovation fund” which will help homeowners in five states as follows: Arizona, California, Michigan, Florida and Nevada. These five were singled out as being among those state in the U.S. that are most impacted by the housing crisis, where property values have dropped more than 20 percent, and homeowners struggle to make mortgage payments, and may face foreclosure, disproportionately, in spite of the existing loan modification programs, notably Making Home Affordable which was created a year ago. It will be financed through the federal TARP (Troubled Assets Relief Program), popularly known as the bank bailout funds.
Source and more details: Administration to provide more aid to homeowners
Preview video is below. For more on the both the Nevada visit and the new housing initiative see:
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Obama Nevada Town Hall Video, Speech, Meeting in Henderson 2-19-10 watch live online Las Vegas