Treasury Secretary Janet Yellen announces $100 million fund for affordable housing financing

5 comments

1. It’s better than nothing, but that’s like 0.005% of 2024’s deficit or <250 median price homes.

2. Oh great, the government is going to produce ‘Liars Loans” again. The good “Idea fairies” at Treasury are going to bankrupt the country when they should be taking precautions to not recklessly spend or compete with the private sector. The ACA caused the student loan debacle, now the government is going to screw up the housing market. No lessons learned from 2008.

3. That’s not enough. Better than nothing I guess.

4. TIL how to make 100 million sounds small

5. If the feds hadn’t drained all FHLP assets to bail out the risky bets made by all the predatory banks there wouldn’t be a need for this B.S. band aide