Memo to Members and Partners Articles

March 14, 2022

House Financial Services Committee Holds Hearing on Rising Inflation

The U.S. House Committee on Financial Services Chair Maxine Waters (D-CA) held a hearing on March 8, “The Inflation Equation: Corporate Profiteering, Supply Chain Bottlenecks, and COVID-19,” addressing the causes of and solutions for growing financial pressure brought about by inflation and the…

March 7, 2022

FHFA Announces $740 Million in 2022 for National Housing Trust Fund

The Federal Housing Finance Agency (FHFA) announced on February 28 that the national Housing Trust Fund (HTF) and the Capital Magnet Fund (CMF) will receive a total of $1.138 billion for affordable housing – the largest amount ever – from Fannie Mae and Freddie Mac (the Enterprises) in 2022. Of…

February 28, 2022

Take Action on FY22 Appropriations and Build Back Better!

After spending the week in recess, members of Congress have returned to Washington and will make crucial decisions about what to include in the overdue appropriations bill for fiscal year (FY) 2022 and the scaled-back “Build Back Better Act.” Both bills present opportunities to significantly expand…