Congressman Al Green Applauds FHFA’s Rule for Fannie Mae and Freddie Mac to Set Aside and Allocate Funds for the Housing Trust Fund and the Capital Magnet Fund

(Washington, DC)—On December 11, 2014, Congressman Al Green (TX-09) applauded the Federal Housing Finance Agency’s (FHFA) rule for Fannie Mae and Freddie Mac to set aside and allocate funds for the Housing Trust Fund and the Capital Magnet Fund.

“Today, FHFA took an important step in expanding funding for low-income and affordable housing for millions of families. There is no dream more fundamentally American than the dream of owning a home, regardless of socioeconomic status. I look forward to continuing to work with FHFA and Director Mel Watt in expanding opportunities as well as funding for low-income and affordable housing.”