[OP-ED] We need this affordable housing program now more than ever

The president of the nonprofit National Housing Conference, writes that the Trump administration should preserve the Capital Magnet Fund, a Treasury Department program that loans money to organizations building and maintaining affordable housing. He claims the administration is considering axing the Fund, despite its nine-year record of stimulating economic growth in underserved regions. Most of the projects underwritten by the Fund have supported low-income individuals with disabilities, veterans, seniors and the homeless.
Read the full story from The Hill here.
This entry was posted in News, Outside CDS and tagged Capital Magnet Fund (CMF), civil rights, Fannie Mae, Federal Housing Finance Agency (FHFA), Freddie Mac, Housing.
