Congressional Research Service Reports - 20 Matching Results

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GSEs and the Government's Role in Housing Finance: Issues for the 113th Congress

Description: This report examines options concerning the future of the GSEs and the future government role in residential mortgage markets. Other CRS reports address related issues such as conservatorship, the GSEs' financial condition, residential mortgage markets in other nations, and affordable housing.
Date: September 13, 2013
Creator: Weiss, N. Eric
Partner: UNT Libraries Government Documents Department

The Emergency Food and Shelter Program

Description: The Emergency Food and Shelter (EFS) Program allocates funds to local communities to fund homeless programs including soup kitchens, food banks, shelters, and homeless prevention services. The EFS program is part of the Federal Emergency Management Agency (FEMA), and after Hurricane Katrina struck, some questions have arisen about the use of EFS program funds for Presidentially-declared disasters. This report describes how the EFS program operates through a National Board, local boards, and local recipient organizations. It further discusses the use of EFS program funds during disasters, and recent attempts to move the program from FEMA to the Department of Housing and Urban Development (HUD).
Date: September 29, 2005
Creator: Perl, Libby
Partner: UNT Libraries Government Documents Department

An Overview of the HOME Investment Partnerships Program

Description: This report provides an introduction to the HOME Investment Partnerships Program, including a brief history, an overview of allowable uses of HOME funds, and a description of certain program requirements. It also provides information on funding for the program and how that funding has been used.
Date: September 11, 2014
Creator: Jones, Katie
Partner: UNT Libraries Government Documents Department

The Homeless: Overview of the Problem and the Federal Response

Description: This report discusses the problem of homelessness in the U.S. and the resulting policy response. Unlike the skid row "derelicts" who comprised the typical homeless population of the 1960s, today's street people represent many diverse groups including: the mentally ill, evicted families, the aged, alcoholics, drug addicts, abused spouses, abused young people, and cast-off children.
Date: September 14, 1984
Creator: Spar, Karen & Austin, Monique C.
Partner: UNT Libraries Government Documents Department

Transportation, Housing and Urban Development, and Related Agencies (THUD): FY2009 Appropriations

Description: This report is a guide to one of the regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the Subcommittees on Transportation, Housing and Urban Development, and Related Agencies of the House and Senate Committees on Appropriations. It summarizes the current legislative status of the bill, its scope, major issues, funding levels, and related legislative activity. The report lists the key CRS staff relevant to the issues covered and related CRS products.
Date: September 9, 2008
Creator: Peterman, David R. & Frittelli, John
Partner: UNT Libraries Government Documents Department

Financial Institution Insolvency: Federal Authority over Fannie Mae, Freddie Mac, and Depository Institutions

Description: This report provides an overview of the U.S. credit crunch and its effect on Fannie, Freddie, Banks, and Thrifts. The report discusses the Federal Deposit Insurance Corporation (FDIC) and insolvent banks and thrifts.
Date: September 10, 2008
Creator: Carpenter, David H. & Murphy, M. M.
Partner: UNT Libraries Government Documents Department

Fannie Mae and Freddie Mac in Conservatorship

Description: On September 7, 2008, the Federal Housing Finance Agency (FHFA) placed Fannie Mae and Freddie Mac, two government-sponsored enterprises (GSEs) that play a critical play in the U.S. home mortgage market, in conservatorship. As conservator, the FHFA has full powers to control the assets and operation of the firms. Dividends to common and preferred shareholders are suspended, but the U.S. Treasury has put in place a set of financing agreements to ensure that the GSEs continue to meet their obligations to holders of bonds that they have issued or guaranteed. This means that the U.S. taxpayer now stands behind about $5 trillion of GSE debt. This report provides basic information on the GSEs, the government intervention, and the potential cost to the taxpayer.
Date: September 15, 2008
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department

FEMA Disaster Housing: From Sheltering to Permanent Housing

Description: This report reviews standard disaster housing procedures as well as options that could be taken to improve disaster housing including increased FEMA/HUD cooperation, the use of the case management authority, the repair and renovation of private rental housing units, and the use of alternative manufactured housing.
Date: September 16, 2009
Creator: McCarthy, Francis X.
Partner: UNT Libraries Government Documents Department

Military Construction, Military Quality of Life and Veterans' Affairs, FY2007 Appropriations

Description: This report is a guide to one of the regular appropriations bills that Congress considers each year. It is designed to supplement the information provided by the House Military Quality of Life and Veterans Affairs and Senate Military Construction and Veterans Affairs Appropriations Subcommittees. It summarizes the status of the bill, its scope, major issues, funding levels, and related congressional activity, and is updated as events warrant.
Date: September 13, 2006
Creator: Else, Daniel H; Graney, Paul J & Panangala, Sidath Viranga
Partner: UNT Libraries Government Documents Department

Residential Energy Tax Credits: Overview and Analysis

Description: This report explores one policy option for promoting residential energy efficiency: tax credits. It begins by providing an overview of the current residential energy-efficiency tax credits. The report then goes on to provide an economic rationale for residential energy-efficiency tax incentives, introducing the concept of "market failures" and "market barriers" which may lead to suboptimal or "economically inefficient" investment in energy-efficiency technologies. The final sections of this report provide an economic analysis of the primary tax incentives for residential energy efficiency and briefly review various policy options.
Date: September 25, 2012
Creator: Crandall-Hollick, Margot L. & Sherlock, Molly F.
Partner: UNT Libraries Government Documents Department

Appropriations for FY2003: VA, HUD, and Independent Agencies

Description: Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This Report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Appropriations Subcommittee on VA, HUD, and Independent Agencies.
Date: September 3, 2002
Creator: Snook, Dennis W. & Bourdon, E. Richard
Partner: UNT Libraries Government Documents Department

Appropriations for FY2001: VA, HUD, and Independent Agencies

Description: Appropriations are one part of a complex federal budget process that includes budget resolutions, appropriations (regular, supplemental, and continuing) bills, rescissions, and budget reconciliation bills. This report is a guide to one of the 13 regular appropriations bills that Congress passes each year. It is designed to supplement the information provided by the House and Senate Subcommittees on VA, HUD and Independent Agencies Appropriations.
Date: September 26, 2000
Creator: Snook, Dennis W. & Bourdon, E. Richard
Partner: UNT Libraries Government Documents Department

Proposal to Allow Treasury to Buy Mortgage-Related Assets to Address Financial Instability

Description: Financial markets underwent severe stress during the week of September 15 - 22, 2008. After Lehman Brothers declared bankruptcy and AIG received a bridge loan from the Federal Reserve, policymakers reassessed their case-by-case approach to resolving financial problems. Secretary of the Treasury Paulson announced a plan to allow Treasury to purchase mortgage-related assets from U.S. financial institutions. The announced intent of the plan is to unclog financial markets, increase the health of the banking sector, and reduce ongoing risks to the economy. This report discusses a draft of the proposal as it stood on September 21, 2008, and analyzes frequently asked questions.
Date: September 22, 2008
Creator: Murphy, Edward V. & Webel, Baird
Partner: UNT Libraries Government Documents Department

Financial Market Intervention

Description: Financial markets continue to experience significant disturbance and the banking sector remains fragile. Efforts to restore confidence have been met with mixed success thus far. After attempting to deal with troubled institutions on a case-by-case basis, Treasury has proposed a plan to purchase mortgage-related assets to alleviate stress in financial markets and in the banking system. This report provides answers to some frequently asked questions concerning the financial disruptions of September 2008 and the Troubled Asset Relief Program (TARP) in H.R. 3997.
Date: September 29, 2008
Creator: Murphy, Edward V.
Partner: UNT Libraries Government Documents Department

The Cost of Government Financial Interventions, Past and Present

Description: In response to ongoing financial turmoil that began in the subprime mortgage-backed securities market, the federal government has intervened with private corporations on a large scale and in an ad hoc manner three times from the beginning of 2008 through September 19, 2008. These interventions have prompted questions regarding the taxpayer costs and the sources of funding. The federal government may or may not end up seeing a positive fiscal contribution from the recent interventions. The results of previous government financial interventions are summarized in this report.
Date: September 23, 2008
Creator: Webel, Baird; Weiss, N. Eric & Labonte, Marc
Partner: UNT Libraries Government Documents Department

The Resolution Trust Corporation: Historical Analysis

Description: In a 1989 legislative response to financial troubles in the thrift industry, the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA, P.L. 101-73) was enacted. FIRREA's principal mission was to conduct a partially tax-payer funded program to address the troubles of the nation's many insolvent thrifts. To do so, it established a new entity, the Resolution Trust Corporation (RTC), whose mission was to address troubled thrifts by arranging their sale to other institutions or shuttering them and disposing of their assets. This report analyzes the creation and functions of the RTC, including criticisms and results of its actions.
Date: September 26, 2008
Creator: Shorter, Gary
Partner: UNT Libraries Government Documents Department