Memo to Members and Partners Articles
Thank you to everyone who reached out to their Senators and urged an up/down vote on the nomination of Representative Mel Watt (D-NC) as the next director of the Federal Housing Finance Agency (FHFA). Unfortunately, the Senate voted 56-42 to oppose cloture, the limiting of debate that would have…
The President’s proposed FY12 budget, released on February 14,
includes $1 billion as the initial capitalization for the NHTF. It is
proposed as part of the HUD budget, but listed as a mandatory
expenditure, one that does not compete with the other HUD programs that
are funded through…