April 21, 2015
Tuesday’s Regulatory & Legislative Round-Up
- Enterprise Community Partners made comments to the Senate Finance Committee’s Community Development and Infrastructure Tax Reform Working Group, as part of a New Market Tax Credit Coalition, which is calling for preservation of the credit as it has been critical to the development of affordable housing.
- Federal Housing Finance Agency finds, after studying the matter, “no compelling economic reason” to change the guarantee fees charged by Fannie May and Freddie Mac. FHFA’s review focused on reaching an appropriate balance between FHFA’s statutory obligations to: 1) ensure the safety and soundness of the Enterprises, and 2) foster a liquid national housing finance market.
