Klobuchar unveils rural housing plan
Story Date: 7/29/2019

 

Source: POLITICO'S MORNING AGRICULTURE, 7/26/19

The Minnesota senator and 2020 presidential candidate on Thursday released an ambitious plan intended to expand access to affordable housing, with a chunk of her platform focusing on rural communities.

Under the proposal, rural rental assistance programs would see a funding boost, especially ones that serve Native Americans. It would improve training for government agencies to better educate housing developers, as well as build on programs that provide technical assistance to rural nonprofits working on housing issues.

The plan also seeks to expand access to credit for people living in rural areas, in part by using the loan purchasing power of Fannie Mae and Freddie Mac to ask lenders to meet mortgage credit needs for rural residents. Read the entire plan .


























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