Volume 14 - Number 5
March 7, 2014
GOP Senators Push Back Against Bid to Pay into Housing Trust Fund
A group of 14 Republican senators led by Louisiana's David Vitter told the Federal Housing Finance Agency that it should stand fast against any notion of lifting the suspension of contributions from Fannie Mae and Freddie Mac to two housing trust funds. The GOP senators dispatched a letter last week to FHFA Director Mel Watt, countering a plea signed by 33 Democrats in January calling on the new agency director to immediately authorize GSE funding to the National Housing Trust Fund and the Capital Magnet Fund.
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