Treasury Secretary Yellen: No 'silver bullet' for housing

Reported 8 months ago

US Treasury Secretary Janet Yellen announced the Biden Administration's commitment to new funding to enhance housing supply and reduce housing costs, including $100 million earmarked to support affordable housing through the Community Development Financial Institutions Fund and encouraging Federal Home Loan Banks to increase their housing program support. In an exclusive interview, Yellen discussed the implications of this announcement for the housing market.

Source: YAHOO

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