Affordable Housing Goals of Government Sponsored Enterprises Hearing Before Th

Cover Affordable Housing Goals of Government Sponsored Enterprises Hearing Before Th
Affordable Housing Goals of Government Sponsored Enterprises Hearing Before Th
Finance United States Congress House Committee On Banki
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These goals are appropriate for the GSEs They are achieveable, although I understand that the central cities goal has raised some questions by the GSEs.
And they have the support and commitment of both FANNIE AND FREDDIE.
I want to make it perfectly clear, however, that these GSEs are not HUD and they never should be considered a substitute for HUD as the Agency in charge of setting out and fulfilling the housing policy of this nation.
Finally, while the affordable housing goals established for
... the GSEs is laudable, these goals must not ever place the safe and sound operation of the GSEs in any jeopardy.
The achievement of these goals will result in hundreds or even thousands of new homeowners who otherwise may never have had the opportunity to embrace the ultimate American dream.
I know both Mr. Johnson and Mr. Brendsel have committed themselves to meeting these goals and I appreciate their efforts.
39 CAROLYN B. MALONEY 14th DrSTRICT New YOBK COMMITTEE ON BANKING. FINANCE AND URBAN AFFAIRS COMMITTEE ON GOVERNMENT OPERATIONS CONGRESSIONAL CAUCUS ON WOMEN S ISSUES EXECUTIVE COMMITTEE CONGRESSIONAL ARTS CAUCUS EXECUTIVE COMMITTEE Congreffg of tfje ®niteb States; ^ouit of i^epre£(entatibe£t raastiinston.


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