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The GSE Public-Private Hybrid Model Flunks Again: This Time It’s the Federal Home Loan Bank System (Part 2)

The Stoop (NYU Furman Center)

In response to that growing criticism plus how much has changed in markets, legislation, and regulation during the 90-plus years of the FHLBanks’ existence, its regulator – the Federal Housing Finance Agency (FHFA) – announced in 2022 that it would undertake a review of the entire System. billion for fiscal 2024.

2008 59
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Celebrating 20 Years of Land Banks in Michigan

Center for Community Progress

The Detroit Land Bank Authority (DLBA) is the nation’s largest land bank, with over 75,000 properties in its inventory as of 2022. One facet of the legislation stipulated that Michigan land banks must be created by intergovernmental collaboration between a county and the state land bank. Why are there so many land banks in Michigan?

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Revisiting the Community Land Trust: An Academic Literature Review

Community and Economic Development Program of UNC

Local government support is crucial to successful CLTs, and strategies vary between municipalities (Davis and Jacobus 2008). In addition to the National League of Cities 2022 guide to CLTs , several non-profit organizations have information on CLT best practices, such as groundedsolutions.org and communitywealth.org. Davis, John E.,

2010 91
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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)

In the years immediately following conservatorship (which began in September 2008), the FHFA increasingly took over setting the average G-fee. The FHFA then indicated that it ended this delay and began to employ the newer, higher capital requirement approach beginning in 2022.

2008 52
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Options for Expanding Property Tax Relief for Lower Income Homeowners

Community and Economic Development Program of UNC

Only the General Assembly is authorized to create property tax exemptions, and when that legislative body creates exemptions they must apply uniformly across the state. that limit is $31,900 for 2022, meaning the circuit breaker income limit is $47,850 for 2022); and, Have lived in their home for at least 5 years.

Laws 40
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Does Mail-in Voting Actually Increase Election Participation?

The Lowe Down

While the historical increase of mail-in-voting has occurred naturally through gradual adoption by voters, recent legislation like the California Voter’s Choice Act (VCA) has provided a boost. As of 2022, 27 of California’s 58 counties have adopted the VCA election model.

Voting 52
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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

The changes then became the subject of hearings and legislation in the Republican-controlled House of Representatives to reverse the changes. One is the long-standing Affordable Housing Goals program (from 1992), and the other is the more recent Duty to Serve (DTS) program (from 2008). This claim is simply untrue.