Senator Warren Introduces Affordable Housing Bill

On September 26, Senate Banking Committee member, Elizabeth Warren, D-MA, introduced the American Housing and Economic Mobility Act of 2018.

This Act authorizes $500 billion for affordable housing programs over the next 10 years and increases funding for several affordable housing programs including the Housing Trust Fund and Capital Magnet Fund. It also establishes a new HFA-administered program to support affordable housing for middle-class families.

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