Ribbons on A Package?
Later today, we’ll provide clients with a summary of key provisions in the housing-infrastructure package released earlier today by HFSC Chairwoman Waters. As we’ll note, most of the package focuses on public housing, rental assistance, eviction protection, housing-supply, and racial-justice programs – all of which is not just controversial, but also quite expensive. Still, what’s a trillion or so these days? We expect quick mark-up and floor action and, when these happen, the Waters package won’t travel alone.