Only in Washington could a requirement that seeks to ensure that borrowers can actually pay back the money they borrow be considered a burden or controversial instead of sound underwriting.
Clay criticizes the perception of borrower protections as burdensome.
Share
More from William L. Clay
In every single budget request the Trump Administration has put out, it has proposed massive spending cuts to programs that allow public housing authorities to address their most pressing capital needs.
What happens next year, no more RAD, no more public housing? Section 8 wait list all over the country, what happens?
This Administration is pushing PAJs to eliminate their public housing altogether and replace it with vouchers or other forms of assistance.
Removing credit scores in assessment of risk will not resolve Michigan's self-imposed affordability problems.