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Climate@CNULow-carbon neighborhoods, high-quality living»»»The Nation to Congress: "Make Freddie and Fannie Go Green"
Submitted by joel.vanderweele on Wed, 07/30/2008 - 7:42pm.
In a recent article in The Nation, Brent Blackwelder & James S. Henry explain why lending giants Fannie Mae and Freddie Mac should view the current mortgage crisis as an opportunity for positive change. By rewarding lenders who finance sustainable homes and communities, Blackwelder and Henry suggest that Fannie and Freddie could help stabilize the housing market while encouraging New Urbanism as well as "green" technologies. Talk about turning lemons into lemonade!
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