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Fed Housing Policy Shift: Rent, Don't Own

Jackhammers Bush "ownership" policy

By Mat Probasco,  Newser Staff

Posted Aug 17, 2009 1:21 AM CDT

(Newser) – In a major housing policy shift, President Barack Obama will steer billions of economic stimulus dollars to create tens of thousands of federally subsidized rental units in American cities, reports the Boston Globe. The $4.25 billion initiative is a stark departure from former president...   Read full story »

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