Opinion: What is the public actually getting for $7.3B in housing subsidies?

Federal Home Loan Bank reform is in the air in Washington D.C.  The White House recently endorsed a plan to double FHLBanks’ mandatory contributions to affordable housing programs from 10 to 20% of their net income, following a recommendation by the Federal Housing Finance Agency. And the Coalition for Federal Home Loan Bank Reform, a group that I [...]read moreOpinion: What is the public actually getting for $7.3B in housing subsidies?