• Franklin Raines 2004

The Honorable Frank Raines

Chairman and CEO, Fannie Mae | October 19, 2004
Discussed the need for investment in low-income housing.

Excerpts from Event

All over the region—from Anacostia to Fairfax County—we join with local banks, developers, and other housing partners to build affordable housing and transform communities with venture capital investments through our American Communities Fund. We are buying low-income housing tax credits and mortgage revenue bonds. If you take all that we have done, including single-family, and you add it all together with what we have been able to do with our partners, Fannie Mae has invested in the District of Columbia today nearly $5 billion.” ~ The Honorable Franklin D. Raines, Chairman and CEO, Fannie Mae

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