“During the 2004 election Bush INCREASED the buying percentage of F and F from 50% to 54%. “
Do you have a source for that?
I am not saying it didn’t happen, I am asking to learn more.
From what I understand, Bush set the increase as a goal, but not as a mandate. He did come out against the reckless way F&F were going about it.
That June Post story focused its critical reassessment of HUD's affordable-housing goals on the department's 2004 decision—during the Bush re-election campaign—to juice them up again, pushing the target to 56 percent by 2007. Though the story never mentioned Cuomo—whose three-year, eight-point goal hike exceeded Bush's more gradual six-point increase—it did quote his top aide William Apgar, who helped craft the 2000 policy, saying: "It was a mistake." Apgar, who now teaches at Harvard, conceded, "In hindsight, I would have done it differently."
It's a long article that lays the blame on Cuomo and partly on Bush.
The whole housing mess is on the federal govt shoulders from start to finish.