housing policy

2 Stories

Obama Unveils New Mortgage Relief Plan

Rules could help additional 1.6 million homeowners

(Newser) - President Barack Obama offered mortgage relief today to hundreds of thousands of Americans, his latest attempt to ease the economic and political fallout of a housing crisis that has bedeviled him as he seeks a second term. "I'm here to say that we can't wait for an... More »

Fed Housing Policy Shift: Rent, Don't Own

Jackhammers Bush "ownership" policy

(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 George Bush's push to create... More »

2 Stories