Community and Economic Development Program of UNC

DECEMBER 9, 2022

Housing is the highest monthly bill typical Americans face, reaching an average of $1674 a month in 2021. Over 225 CLTs have developed since their inception in the 1960s (Grounded Solutions Network 2021), and fifteen states have some version of a positive law supporting CLT formation and affirming CLT legality in their state (Decker 2018).

2010 91

2010 Housing 2015 2011 91

Community and Economic Development Program of UNC

MAY 17, 2022

Only the General Assembly is authorized to create property tax exemptions, and when that legislative body creates exemptions they must apply uniformly across the state. Assume Tina Tarheel is 67, earned $30,000 in 2021, and has lived in her home for 15 years. In 2008, the General Assembly added a provision to G.S.

Laws 40

Laws 2022 Local Government Housing 40

The Stoop (NYU Furman Center)

MARCH 10, 2023

2 In November of last year, the Federal Housing Finance Agency (FHFA), the regulator and conservator of the two companies, issued its annual report on their G-fees (the G-fee Report), covering calendar year 2021. 3 In that report, the FHFA disclosed that the average G-fee across all products was 0.46

2008 52

2008 2014 2019 Press Release 52

The Stoop (NYU Furman Center)

JULY 30, 2024

Introduction Freddie Mac and Fannie Mae (F&F), the two large government-sponsored enterprises (GSEs), were placed into conservatorship in September 2008 at the height of the Great Financial Crisis, when the markets lost confidence in them. For example, see the September 2008, “Statement by Secretary Henry M. Paulson, Jr.

2008 52

2008 2019 Implementation Legislation 52