Status of Housing Reform
nlihc.org/article/senate-committee-holds-hearing-need-housing-finance-reform
Mel Watt testified before Congress on FNMA, Freddie Mac reform. The most significant part of his testimony concerned the lack of overall housing and especially affordable units. He stated that construction has not kept pace with demand and that most new construction was at the high end of the spectrum. This has a great effect on the St. Louis region and the rest of the country. Written by Paul Dribin