Affordable housing

A Waters-led banking panel may not be the scourge banks fear

07/10/18

The California Democrat would have more of a bully pulpit as chair of the Financial Services Committee, but some say she could take a pragmatic approach to passing banking legislation.

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Waters unveils bill to restore HUD fair housing policies

06/27/18

The Democratic congresswoman said the department under Secretary Ben Carson has turned "its back on its mission."

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FHFA needs to curb Fannie and Freddie's insatiable appetites

06/27/18

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

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Small lenders urge FHFA to let Fannie and Freddie rebuild capital

06/19/18

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

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Manufactured housing giant endorses HUD's call for regulatory relief

04/03/18

The dominant player in manufactured housing lauded the Trump administration's review of construction standards, but other commenters worry the plan will undermine housing quality.

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Low Income Housing Tax Credit gets boost from spending bill

03/26/18

Lawmakers approved a measure to increase the program's funding by nearly $3 billion over four years.

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Agency proposes giving FHLBs more latitude on affordable housing funds

03/06/18

The Federal Home Loan banks could "design and implement" their own system for deciding how to allocate resources for affordable housing initiatives under the proposal by the Federal Housing Finance Agency.

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Banks want in on tax reform plan to spur investment in distressed areas

03/06/18

Banking and affordable housing advocates are encouraged by a provision in the tax reform legislation that could increase investment in underserved communities by allowing investors to defer capital gains taxes when they reinvest in federally chartered Opportunity Funds.

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Retired banker’s tall order: Fix Connecticut’s economy

02/26/18

Since stepping down as CEO of Webster Bank last month, James Smith has spent much of his time co-chairing a panel tasked with solving his home state’s fiscal and economic woes. Banks, and perhaps even fintechs, could be a part of its comeback story, he says.

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Hensarling blasts FHFA for allowing GSE affordable housing payments

02/16/18

The House Financial Services Committee chairman is calling out Fannie Mae and Freddie Mac's regulator for authorizing payments to two housing trust funds while the mortgage giants have their own financial struggles.

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