On Monday, US Treasury Secretary Janet Yellen announced that the Biden Administration would commit new funding to boost housing supply and lower housing...
The measure includes $100 million to help finance affordable housing through the Community Development Financial Institutions Fund and calling on Federal Home Loan Banks to do more to boost their support of housing programs.Housing affordability has become a major issue for Americans in this country.
We're also calling on the Federal Home Loan banks which were chartered to, uh, deal with housing and promote affordable housing to up their, uh contributions, their use of their income to 20% of their income.Um, to help with the affordable housing situation, we made a few additional announcements today.
And there is a bipartisan bill that passed the house that we're supported of would love to see the Senate vote on it that would increase the supply of these, um, housing tax credits and boost affordable uh, housing. Ukraine destroyed columns of waiting Russian troops as soon as it was allowed to strike across the border, commander says
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