Even a cursory analysis reveals this impact is uneven. For example, small multifamily buildings are less likely to receive financing, despite the fact that most renters in the United States live in these smaller buildings. Viewed as whole, federal funds are not targeted to those most in need, are not targeted to strengthen existing communities and are not targeted to places where people have economic opportunities.
The report urges policymakers to review federal real estate programs to better achieve four national goals: (1) Support balanced housing choices; (2) Reinvest in existing neighborhoods; (3) Provide a safety net for American families; and (4) Help more Americans reach the middle class.
With the Presidential Inauguration just two weeks away and a new Congress beginning its work, now is the time for policymakers to re-examine federal commitments to the real estate market.
Read more:
Download the full report: Federal Involvement in Real Estate: A call for examination (PDF)
Download the Executive Summary (PDF)
View the companion infographic