Tuesday, February 9, 2010

Evolving Politics Could Have Long-Term Implications for Housing

The evolving political situation may create an opportunity for Republicans to increase their numbers in the Senate and state houses putting them in position to control of redistricting efforts. This could result in fewer elected officials available to support affordable housing programs.The consensus among experts who analyze elections is that there are approximately a dozen Senate races at play this November. If Republicans run the table, they will have a majority in the Senate and will be in a stronger position to exert their will on the legislative process. If victorious, they will attempt to derail any legislative initiative proposed by the president and will aggressively seek initiatives which will reduce government spending. The likely scenario will result in Republicans narrowing their...

 
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