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The Monterey County Herald, Calif., Local Business Column.

Knight Ridder/Tribune Business News

| April 27, 2002 | COPYRIGHT 1999 Knight-Ridder/Tribune Business News. (Hide copyright information)Copyright

The Monterey County Herald, Calif. Knight Ridder/Tribune Business News

Apr. 27--FARR SUPPORTS HOUSING FUND: Rep. Sam Farr, D-Carmel, has announced his support for a national movement to establish an affordable housing trust fund.

The National Affordable Housing Trust Fund Act (HR 2349) is sponsored by Rep. Bernie Sanders of Vermont. If passed, it will use the surplus from the Federal Housing Administration, estimated at $26 billion over the next seven years, to establish the trust fund. Farr is a co-sponsor of the bill.

"Congress can make a real difference for millions of Americans who are struggling to find decent housing by enacting this bill," …

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