Statement by NLIHC President Sheila Crowley on the Confirmation of Mel Watt as Director of the Federal Housing Finance Agency

Statement by National Low Income Housing Coalition President and CEO Sheila Crowley on the Confirmation of Mel Watt as Director of the Federal Housing Finance Agency

WASHINGTON, D.C. – December 11, 2013 – (RealEstateRama) — Today, the U.S. Senate confirmed Representative Mel Watt (D-NC) as the new director of the Federal Housing Finance Agency, marking a great day for the millions of low income Americans in need of decent, affordable homes.

I am confident that Mr. Watt, an early supporter of legislation to establish the National Housing Trust Fund, will make sure that Fannie Mae and Freddie Mac provide needed support to affordable housing.

I congratulate Mr. Watt on his well-deserved confirmation.

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