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GOP Plans to Block President’s Housing Actions

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GOP Plans to Block President’s Housing Actions

February 6, 2015

The Federal Housing Finance Agency said in December it would direct Fannie Mae and Freddie Mac to start sending money to the National Housing Trust Fund and the Capital Magnet Fund, two currently empty trust funds designed to promote affordable rental housing and lending for homeownership which would include assistance for people with disabilities. A group of GOP lawmakers is condemning this action as well as other housing initiatives proposed by the President.

Source: Roll Call