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Comment On The Fhfa's Small Multifamily Subgoal, David J. Reiss, Jeffrey Lederman
Comment On The Fhfa's Small Multifamily Subgoal, David J. Reiss, Jeffrey Lederman
David J Reiss
As the FHFA sets the housing goals for 2015-2017, it should focus on maximizing the creation and preservation of affordable housing. Less efficient proposed subgoals should be rejected unless the FHFA has explicitly identified a compelling rationale to adopt them. The FHFA has not identified one in the case of the proposed small multifamily subgoal. Thus, it should be withdrawn.