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Kit Bond-led commission urges changes to nation's housing system

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Kit Bond

February 28, 2013

A bipartisan commission co-chaired by former U.S. Senator Kit Bond has issued its long-awaited report on the future of the U.S. housing system. For the past 16 months, Bond, a member of the Thompson Coburn Lobbying & Policy group, has led work on the commission. Other commission members included former Cabinet secretaries, Senators, leading housing advocates and economic experts.

The Bipartisan Policy Center's Housing Commission held regional forums across the country, including a June 2012 session in St. Louis, and facilitated roundtables with hundreds of stakeholders. The resulting report, "Housing America's Future: New Directions for National Policy," was unveiled February 25 at the Newseum.

Among other recommendations, the commission proposed that the private sector play an increased role in the housing market and housing finance system. The federal government should continue to play a limited role, the commission said. The group also recommended the elimination of Fannie Mae and Freddie Mac and a reform of the Federal Housing Administration.

Click here for more information on the Housing Commission and its 2013 report.

Media coverage:
Op-ed in Politico
Wall Street Journal
St. Louis Post-Dispatch
St. Louis Beacon