The last remaining piece of reform after the financial crisis and Great Recession is how to structure the secondary mortgage market, including the role of Fannie Mae and Freddie Mac. While there is broad agreement that reform of these government sponsored enterprises (GSEs) is necessary to ensure a strong and stable housing economy, there continue to be fundamental disagreements on a range of key issues.
This paper details key objectives any reform or restructuring of the secondary mortgage market system must focus on. Over the past year, NHC convened a broad range of experts on housing finance to inform this paper.
Funded by a grant from the Kresge Foundation, the National Housing Conference (NHC) convened a series of health and housing working group meetings to bring together practitioners from both the nonprofit and for-profit affordable housing sphere with health care organizations. The objective was to explore practical and actionable ways that housing developers can work together with health systems and managed care organizations to build new affordable housing units while reducing unreimbursed medical costs in high-cost populations. Over the course of nine months, the group worked to identify the necessary next steps in order to foster more direct investment by health organizations in affordable housing, while identifying challenges that continue to require mitigating strategies.