|
|
Article: The Monterey County Herald, Calif., Local Business Column.
- Article from:
- The Monterey County Herald (Monterey, CA)
- Article date:
- April 27, 2002
CopyrightCOPYRIGHT 2002 Monterey County Herald. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
Apr. 27--FARR SUPPORTS HOUSING FUND: Rep. Sam Farr, D-Carmel, has announced his support for a national movement to establish an affordable housing trust fund.
The National Affordable Housing Trust Fund Act (HR 2349) is sponsored by Rep. Bernie Sanders of Vermont. If passed, it will use the surplus from the Federal Housing Administration, estimated at $26 billion over the next seven years, to establish the trust fund. Farr is a co-sponsor of the bill.
"Congress can make a real difference for millions of Americans who are struggling to find decent housing by enacting this bill," said Farr. He called the bill the "kind of creative solution" needed to ...