New GSE Affordable Housing Funds : The Housing Trust Fund and the Capital Magnet Fund.

Format:

Book

Government document

Author/Creator:

Library of Congress. Congressional Research Service.

Language:

English

Subjects (All):

Federal aid to housing.

Finance--Law and legislation.

Finance.

Physical Description:

1 online resource (18 pages, digital, PDF file)

Place of Publication:

[Place of publication not identified] : [publisher not identified], 2008.

System Details:

text file

Summary:

Reviews background on and structure of affordable housing funds and funding mechanisms under P.L. 110-289, the Housing and Economic Recovery Act, which requires that FNMA (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac) contribute to new affordable housing fund for owner-occupied and rental housing. Discusses rationale for requiring Government sponsored enterprise contributions to the affordable housing funds, outlines current issues that may affect the funds, and includes appendix summarizing housing trust fund bills in the 106th-110th Congresses.

Notes:

Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed Dec. 2010). Reuse except for individual research requires license from ProQuest, LLC.

CRS Report.

Other Format:

Microfiche version: Library of Congress. Congressional Research Service. New GSE Affordable Housing Funds

Access Restriction:

Restricted for use by site license.