Biden Affordability Efforts Make No Waves in Housing Industry

HousingWire, Sept. 7, 2021–Georgia Kromrie
Bob Broeksmit, president of the Mortgage Bankers Association, said the trade association “strongly supports” efforts to increase supply by spurring construction and rehabilitation of homes for renters and first-time buyers. But Broeksmit pointed out that bigger changes depend on Congress. Measures under consideration include a downpayment assistance program and a number of measures focused on rental housing.