Starting on Wednesday, Obama will begin a three-day, three-state trip in which he will lay out new executive actions and legislative policy proposals for higher education (Tennessee), housing (Arizona) and jobs (Michigan).
Obama’s visit Wednesday and Thursday comes five years after he announced a plan to combat the nation’s foreclosure crisis at Mesa’s Dobson High School.
Foreclosures were soaring and home prices plummeting in the Phoenix area when Obama presented the $75 billion federal housing plan called Making Home Affordable on Feb. 18, 2009.
Now, foreclosures in the Valley have fallen back to 2007 levels, and home prices are back up to 2004 levels.
Obama is scheduled to arrive Wednesday night in Phoenix after speaking in Detroit about his administration’s efforts to help General Motors and Chrysler five years ago, and the jobs saved by those moves.
The State of the Union address will be on Jan. 20.
Information from The New York Times and The Arizona Republic.
