- Fahe staff continues to meet with appropriations staff to support Fahe Network priorities
- Seth Long of Fahe Member HOMES publishes NYT Letter on investing in all parts of America
- Housing investments are infrastructure investments, NLIHC Executive Director makes the case to Congress
- Director of Federal Housing Finance Agency further illustrates timeline for privatizing Fannie Mae & Freddie Mac
- Elizabeth Warren (MA) holds town hall in rural WV on addressing the opioid crisis
As the appropriations process is in the committee drafting stage, Fahe staff continues to meet with legislators and staff to support our network priorities. Building these relationships over the long haul is an essential part of having our voice in the national conversation. At the same time, we know that legislators are beginning more serious meetings on raising the budget caps, which as we have discussed, will be necessary to achieve any good appropriations outcomes. We will keep you apprised of the budget caps developments.
Seth Long of Fahe Member HOMES published a letter to the editor in the NY Times on the importance of investing in all of America including its small towns. We are excited that a Fahe Member’s voice brought this message home to readers nationwide and look forward to more opportunity for Fahe Members to speak in to nationally important topics.
Diane Yentell, Executive Director of the National Low Income Housing Coalition (NLIHC), recently wrote an op-ed where she argues that affordable housing must be a central part of federal infrastructure spending. At a time when investments in infrastructure are seen as a point of potential bipartisan cooperation, the op-ed makes clear why that cooperation is necessary by illustrating how the private sector alone cannot meet the scale of shortages for low and very-low income housing markets. For regions like Appalachia, these broad investments in housing-as-infrastructure would go a long way towards building broadly prosperous communities. Fahe is supporting the NLIHC’s Our Homes, Our Voices campaign so that our neighbors from NYC to Knoxville to Hazard can have a home they can afford to live in.
At the annual conference for the National Association of Realtors, Federal Housing Finance Agency Director Mark Calabria further illustrated his plan for privatizing Fannie Mae and Freddie Mac. He hopes to develop a road map and path for releasing Fannie Mae and Freddie Mac from government stewardship by the end of the year. As Fahe has reported on previously, any housing finance reform must maintain public commitments to making mortgages and affordable housing finance available to the everyday, working communities that benefit from the current structure.
In case you missed it, Politico ran a story on Sen. Elizabeth Warren’s (MA) recent town hall in Kermit, West Virginia where she spoke on curbing the impacts of the opioid epidemic, investing over $100 billion through a model that prioritizes treatment over punishment, and mirroring the strategies used to combat the HIV/AIDs epidemic. The Politico article notes that while a community of 400 in rural West Virginia will not provide enough votes to swing any elections, it represents a broader strategy by Warren to listen to people in places that often are unheard in the national political conversation. Democrats in general have been thinking about how to connect better with small town states and regions in much of the country, though they have continued to perform well electorally in the rural South and Southwest.