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65
THE CLINTON APPROACH: GROWING
AFFORDABLE HOUSING
Gene Sperling, a top economic advisor
to Hillary Clinton, recently predicted
that responsible housing policy will play
an important role in a potential Clinton
administration.
"For Hillary Clinton, growing middle class
jobs and middle income security is the single
lens in which she will judge economic policy,"
Sperling said in an address to the National
Association of Home Builders (NAHB) Board
of Directors. Sperling made note that the
credit pendulum has swung too tight in the
aftermath of the Great Recession and cited a
study from the Urban Institute that compared
credit availability during the pre-crisis levels to
the standards of today which found 5 million
fewer home loans have been issued as a result of
current tight lending standards.
"Our challenge now is to never swing back
to where we were, but to get to an equilibrium
where people who are creditworthy can get the
housing they need," said Sperling. "is will
lead to increased housing starts, construction
and affordable housing, which we need in this
country."
After months speaking in generalities about
Wall Street reforms, Clinton Hillary Clinton
released her "Breaking Every Barrier Agenda,"
COVER
STORY
INDUSTRY
INSIGHT
Two Competing
Visions For Promoting
Homeownership
HOUSING
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