The Federal Financing Bank Risk-Sharing program, crucial for affordable housing, faced expiration but has been indefinitely extended by President Biden following advocacy from Rep. Ritchie and colleagues. The program has financed 38k units of affordable housing.
BIG NEWS – @POTUS has indefinitely extended the FFB Risk-Sharing Program after a letter my colleagues and I in Congress sent last week pushing for just that. This permanent expansion is a huge win for affordable housing in New York City and across the nation. https://t.co/P6UcGPIz3t
Great News: @POTUS has heeded our call and announced the indefinite extension of the FFB Risk-Sharing program. I've fought to protect the program for years, and this extension will help create an estimated 38,000 additional affordable housing units over the next ten years! https://t.co/qd1XBj3B3n https://t.co/8aQFuTMKG2
🚨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
AFFORDABLE HOUSING My colleagues and I have persuaded President Biden to permanently extend the FFB Risk Sharing Program, which has financed 38k units of affordable housing. https://t.co/cYOlDq6gbd
AFFORDABLE HOUSING My colleagues and I have been advocating for a permanent FFB Risk Sharing Program, which has financed 38K units of affordable housing. Proud to report that President Biden has agreed to a permanent extension. https://t.co/0MgQZrqpts
Remember when @Luckylopez was starting? TY @Stimpyz1 for @PaulLykins a baby @m3_melody who knows FL Housing Implosion 2.0 Ground Zero Not only are HOA fees >DOUBLING due to insurance spike, Structural Reserves Integrity Studies to push HOA even higher! https://t.co/lQclY4Ff8f
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
The Federal Financing Bank Risk-Sharing program has been a critical source of low-cost capital for affordable housing developers -- but it's set to expire. I'm proud to have led 36 of my colleagues in Congress urging for its permanent extension. https://t.co/pRCNNvFqec
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