Remove 2005 Remove 2012 Remove 2023 Remove Housing
article thumbnail

I wonder if Mayor Fenty hadn't dissolved the Anacostia Waterfront Initiative in 2007, merging it into another city agency, if development would have happened faster?

Rebuilding Place in Urban Space

The Washington Post reports on a press conference in Anacostia, the most economically lagging area in DC, where the Mayor discussed improvements in the area, in association with a new building for the Department of Housing and Community Development, which was already there, in a not so old building (" After decades of disinvestment, D.C.’s

2007 52
article thumbnail

The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 1)

The Stoop (NYU Furman Center)

Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. As an example of their lobbying power, in 2004 and 2005 the George W. This was all laid out by Congress in their charters (i.e.

2008 79
article thumbnail

Current GSE Guarantee Fees Are Too Low to Be Consistent with Regulatory Capital: Does This Mean a Large Increase Is Coming?

The Stoop (NYU Furman Center)

The average guarantee fee (G-fee) of Freddie Mac and Fannie Mae, the two government-sponsored enterprises (GSEs), who currently finance about half of the nearly $13 trillion of outstanding first-lien single-family mortgages in the country, 1 is among the most closely-watched numbers by housing finance policymakers and the mortgage lending industry.

2008 52