@nateingram.bsky.social

@nateingram.bsky.social

98 Followers 134 Following

Just chiming in mostly on econ and finance

It's commonplace these days for YIMBYs to think about regulatory constraints - zoning and building codes — which hold back housing construction. I think increasingly they also think about operational costs for multifamily building operators which raise the cost structure and rents. Financing and accounting adjustments also need to be part of the pro-housing coalition agenda. The coming expiration of the TCJA by the end of 2025 is a good motivation to kick off the debate over how to structure the tax code to best support American prosperity.
THE 2019 STRATEGIC PLAN FOR THE CONSERVATORSHIPS OF FANNIE MAE AND FREDDIE MAC HERA identifies only three lawful purposes of FHFA as either conservator or receiver - namely, "reorganizing, rehabilitating, or winding up the affairs of a regulated entity." The Agency's powers as conservator include taking "such action as may be i) necessary to put the regulated entity in a sound and solvent condition; and, ii) appropriate to carry on the business of the regulated entity and preserve and conserve the assets and property of the regulated entity. "i™ By contrast, the powers of receiver are designed to achieve the Agency's two other purposes - "reorganizing" and "winding up" - in the event that a regulated entity is unable to return to financial viability. As receiver, HERA grants FHFA the powers to "place the regulated entity in liquidation and proceed to realize upon the assets of the regulated entity in such a manner as the Agency deems appropriate," or to "organize a successor enterprise."iv