WASHINGTON, D.C. — Today, following the release of a letter from civil rights and advocacy organizations on guiding principles of housing finance reform, U.S. Sen. Sherrod Brown (D-OH) – ranking member of the U.S. Senate Committee on Banking, Housing, and Urban Affairs –applauded their work to ensure access to sustainable, affordable rental and homeownership opportunities throughout the housing market.
“Civil Rights organizations have laid out a strong plan for an equitable housing market that works for all families and communities,” said Brown. “Ignoring these important voices does a disservice to vulnerable communities and puts our housing market and taxpayers at risk.”
Last month, Brown warned the Trump Administration that releasing a housing finance reform plan that fails to protect working families could destabilize the economy and put taxpayers at risk.
In June, during a Senate Banking Committee hearing, Sen. Brown laid out foundational principles for equitable housing finance reform that would serve all homeowners and renters. The principles reflect the feedback of key stakeholders who testified before the Committee during two days of hearings in March 2019.