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Introduction In November of last year, the Federal Housing Finance Agency (FHFA) published a report 1 (the Report) recommending reforms for the Federal Home Loan Bank (FHLB) System. 11 This core flaw of GSE design was described by then-Secretary of the Treasury Henry Paulson when F&F were placed into conservatorship in 2008.
Introduction The Federal Home Loan Bank (FHLB) System 1 is a relatively unknown but important part of America’s housing and financial system, with over $1 trillion in assets. It was established by Congress in 1932 and today consists of 11 regional FHLBanks that operate as one system, cross-guaranteeing each other’s debts.
At the height of the foreclosure crisis post-2008, a group of elected officials, community development practitioners, and lawyers came together to craft a strategy to respond to the hemorrhaging real estate market in Ohio. Everything seemed to work as planned—until 2008. The trend continued for the next several years.
Hence there is potential for floods that equal or exceed those generated in 2008, storms that may be more disruptive than Arwen was in 2021, heatwaves greater than that of July 2022, and so on. Climate change is increasing the magnitude and frequency of floods, storms, droughts, cold snaps and heatwaves.
One study counted 54 building collapse deaths and 122 injuries in Kampala, Uganda, between 2004 and 2008. Another identified 112 cases in Lagos, Nigeria, from 1978 to 2008. Incidents of building collapse are worryingly common in large African cities. Cities in Ghana and Kenya, Continue reading on TheCityFix.com.
Welcome to the 'riskscape' On one day in July 2021 fires devastated large areas of Sardinia, flooding occurred for the second time in two weeks in London and I received a message from research colleagues in Germany that read "the institute was quite destroyed and many colleagues have suffered tremendous damage to their houses."
Milwaukee’s Teen Pregnancy Prevention Initiative, launched in 2008, is a citywide effort led by the United Way of Greater Milwaukee and Waukesha County. It has been recognized as a model of community collaboration, including by the White House Council for Community Solutions. The use of evidence-based sex education.
I participated in a workshop on the plaza led by Project for Public Spaces and Scenic America in 2004 ( write up ). We did this in 2008 or 2009. Cannon's Steak House was a premier restaurant in the old Florida Market District, just like St. It laid the groundwork for connecting civic assets. Anselm's is today. Postcard image.
Later I summarized it as building better housing for low income residents was important but not the way to improve the local microeconomy. Homogeneous housing and moderate to upper income, insurance, and conventional financing available. The URL is long because at the time I didn't appreciate the need for brevity.
This week, September 6 to be exact, marks the fifteenth anniversary of Freddie Mac and Fannie Mae – the two government-sponsored enterprises (GSEs) - being placed into conservatorship by the Federal Housing Finance Agency (FHFA). [1] government (i.e., trillion amount.
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