Making Sure that the Senate’s Access and Affordability Proposal Works

Brief

Making Sure that the Senate’s Access and Affordability Proposal Works

February 21, 2018

Abstract

A draft bill to overhaul the housing finance system that is being considered in the Senate Banking Committee could provide a meaningful improvement of the way in which we support affordable homeownership. But it needs to overcome several critical design challenges that could undermine its effectiveness if mishandled. The authors of this note discuss these challenges and the most promising ways to address them.

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Cross-Center Initiative

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