How the Housing Trust Fund and Capital Magnet Fund Support Affordable Housing

Congressional Budget Office

No 58427, Reports from Congressional Budget Office

Abstract: The Housing Trust Fund and the Capital Magnet Fund provide grants to increase and preserve the supply of affordable rental housing and to increase homeownership for low-income households. The funds are financed through fees paid by Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs), on new mortgage guarantees that they make.

JEL-codes: G21 G28 H53 I30 I38 (search for similar items in EconPapers)
Date: 2022-11-21
New Economics Papers: this item is included in nep-ure
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