The Federal Financing Bank (FFB) Risk-Sharing Program, aimed at expanding affordable housing, has received support from various lawmakers including Nydia Velazquez, Ritchie Torres, and Gwen Moore. Ritchie Torres and colleagues are advocating for a permanent expansion of the program, which has already financed thousands of affordable housing units. The White House recently announced an indefinite extension of the FFB Risk-Sharing program following urgent appeals from lawmakers, ensuring continued protection of affordable housing.
🚨HUGE NEWS🚨 This morning, the @WhiteHouse announced that they're indefinitely extending the FFB Risk-Sharing program -- less than one week after my colleagues and I urgently pushed them to do so. Together, we have and will continue to protect affordable housing. https://t.co/lDJzTmmKmA
I hear from my constituents every day about the burden of rising housing costs. It's clear we must do more to address the affordable housing crisis & ensure everyone has access to an affordable place to live. https://t.co/fKC9myv2er
I was so proud to vote for the legislation that is making funding available for this first of its kind project. Providing both emergency support and transitions to long-term affordable housing are crucial to protecting equitable housing access and building strong communities. https://t.co/JCXxkMooyK
AFFORDABLE HOUSING My colleagues and I are calling for a permanent FFB Risk Share program, which has financed 38k units of affordable housing. https://t.co/hd9vnZqhHt
Affordable housing is critical to the vitality of the Bronx. FFB Risk-Sharing has helped state agencies close 42,000 homes by closing a funding gap in private markets. I’m proud to lead my colleagues in petitioning @potus for a permanent expansion of this crucial program. https://t.co/kKrk1bhxd2
Our housing crisis is putting extreme pressure on Americans. The FFB & Risk Sharing Program has proven to expand affordable housing with no risk to taxpayers. I'm leading a call w/ @RepRitchie,@SenGillibrand, & @SenJackReed to POTUS to make it permanent. https://t.co/OGxEqawBoZ