Furman Center Releases Two New White Papers in Conjunction With the What Works Collaborative
On June 3, 2010, the Furman Center announced the release of two new white papers: Improving U.S. Housing Finance through Reform of Fannie Mae and Freddie Mac: Assessing the Options; and Building Environmentally Sustainable Communities: A Framework for Inclusivity. The first is a timely assessment of alternative proposals for the future of Fannie Mae and Freddie Mac, ranging from nationalization to dissolution. The paper explains the role Fannie and Freddie have played, explores the goals a healthy secondary market for both single- and multifamily housing should serve, and develops a framework to help understand and evaluate the various proposals for reform. The second, written in collaboration with researchers at The Urban Institute, explores the intersection of two of HUD’s policy goals—encouraging sustainable communities and enhancing access to opportunity for lower-income people and people of color—and includes an original empirical analysis of how these goals interact at the neighborhood and metropolitan area levels. Both of these white papers were completed as part of the What Works Collaborative, a foundation-supported partnership that conducts timely research and analysis to help federal, state and local housing policy-makers frame and implement evidence-based housing and urban policy agendas.