Housing Affairs Letter
District of Columbia
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Builders Oppose Plan for Treating Polluted Water
When rain comes to the Chesapeake Bay off the Maryland-Virginia coast, pollution problems mount. Rainwater washes across residential and business developments, carrying contaminants through storm sewers and then out into a shallow body of water that the U.S. Environmental Protection Agency describes...
DC Housing Trust Fund Spirals Down
Collapse of the housing market results in a record low cash infusion into the federal city's six-year-old Housing Production Trust Fund. The trust, established in 2002 after city leaders feared
Lehman Negotiations Move Into Day No. 3
Senior-level representatives from the financial sector and top U.S. government officials were unable Saturday to reach agreement on how to stop the death spiral in which the nation’s fourth largest investment bank, Lehman Brothers, now finds itself. The emergency talks, which began late Friday, are ...
Paulson, Policymakers, Financial Sector Honchos Behind Closed Doors Friday Night
Following a closed door meeting Friday night at the Federal Reserve Bank of New York, Treasury Secretary Henry Paulson is said to be close to reaching an agreement with some major financial institutions aimed at preempting the utter collapse of Lehman Brothers, the nation’s fourth largest investment...
Paulson, Policymakers, Financial Sector Honchos Behind Closed Doors Friday Night
Following an emergency closed door meeting Friday night at the Federal Reserve Bank of New York, Treasury Secretary Henry Paulson is said to be close to reaching an agreement with some major financial institutions aimed at preempting the utter collapse of Lehman Brothers, the nation’s four...
Treasury Takeover At FNMA, FHLMC
Portraying a bleak financial outlook for Fannie Mae and Freddie Mac against a backdrop of the housing market slump as the biggest economic threat to the nation, Treasury Secy. Henry Paulson puts the government-sponsored enterprises (GSEs) in conservatorship and hands their corporate administrative r...
Efficiency Group, NAHB Battle Over Green Building Code, Climate Change Bill
Advocates for and opponents of Capitol Hill legislation debate standards for green building emissions in new homes during the Nat'l Assn. of Realtors' mid-year legislative conference this week in Washington, DC.
NAR: Take It Easy On Regulation
Realtors buffeted by the housing market crash descend on Washington to commiserate and lobby lawmakers to somehow stimulate the market but ease carefully into new regulations to avoid making them burdensome.
PHA Returned To Local Control
Riviera Beach officials regain control of the city's housing authority following four years under HUD control.
Jackson to Resign
Alphonso Jackson, the embattled secretary of Housing & Urban Development will announce his resignation Monday, well-placed sources tell us.
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