FHFA appoints inaugural members of affordable housing advisory committee
Briefly

The purpose of the committee is to provide nonbinding advice to the agency on how Fannie Mae, Freddie Mac, and the Federal Home Loan Banks can achieve their goals as a reliable and responsible source of liquidity and funding.
Members will not be paid for their service but will be reimbursed for travel and miscellaneous expenses at an estimated cost of $325,000 per year to the agency.
The wide-ranging factors driving the Nation's housing affordability challenges will be best identified and addressed with perspectives anchored in on-the-ground experience.
The committee is scheduled to meet for the first time this fall, and each member will serve a two-year term.
Read at www.housingwire.com
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