The Federal Government is obligated by law to invest money in the National Housing Trust Fund, which should go inro housing for folks hit hard by the financial crisis – as well as folks hit hard by centuries of institutional racism and oppression!
But that money is MIA.
In fact, over $380 million is missing from the trust fund.
That’s why we’re suing the Federal Housing Finance Agency.
And that’s why we had this press conference yesterday.
All of our photos from the lawsuit-announcement press release are here.
A terrific article in the Wall Street Journal goes deep into the background of the suit. [Read More]