Tag: Fannie Mae

The banks’ role in creating affordable housing

The banks’ role in creating affordable housing

It’s getting increasingly harder to find an affordable place to live. Sky- high rents, fluctuating mortgage rates, expensive home prices and a shortage of housing are all contributing factors. Every year there are incentives for banks to create affordable housing. How much are they doing and is it making a difference?  Credit: Joint Center for Housing Studies of Harvard University  The numbers  The Federal Home […]

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