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CAPAF outlines a solution to the housing crisis to stabilize housing and credit markets.
Advancing Racial Equity and Justice, Building an Economy for All, Affordable Housing, Retirement, Small Business+2 More
The Problem
Congress must act quickly to adopt policies that will break the vicious downward spiral of home prices and restore confidence and liquidity to America’s financial markets.
Legislation pending in both the Senate and House would accomplish many of the key steps necessary to help stabilize housing and credit markets.
Read the Center for American Progress Action Fund’s Agenda for Federal Action on the Housing Crisis (pdf)
The Solutions
Read about why Congress must act now to prompt the rapid refinancing or modification of at-risk mortgages to stabilize housing and credit markets (pdf)
Read about the Great American Dream Neighborhood Stabilization (GARDNS) Plan (pdf)
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