Fannie Mae VP makes case that current trends mirror previous housing bubbles.
"In a presentation prepared for a National Association of Home Builders meeting May 5, Fannie Mae's Thomas Lawler (senior vice president for risk policy) said housing-market conditions in many areas mirror past conditions that preceded regional housing busts...Lawler said a number of lending patterns over the past year are similar to those seen in the late 1980s, the 'boom' of the most recent 'boom/bust' cycle. Among those patterns are increased buying by investors, 'unrealistically high consumer expectations' that home prices will rise, 'creative, riskier financing' for homes and a higher share of adjustable-rate mortgages."
Thanks to Michael Dudley
FULL STORY: Housing markets show signs of bust: Fannie

Trump Administration Could Effectively End Housing Voucher Program
Federal officials are eyeing major cuts to the Section 8 program that helps millions of low-income households pay rent.

Planetizen Federal Action Tracker
A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

Ken Jennings Launches Transit Web Series
The Jeopardy champ wants you to ride public transit.

Texas Bills Could Push More People Into Homelessness
A proposal to speed up the eviction process and a bill that would accelerate enforcement of an existing camping ban could make the state’s homelessness crisis worse, advocates say.

USGS Water Science Centers Targeted for Closure
If their work is suspended, states could lose a valuable resource for monitoring, understanding, and managing water resources.

Driving Equity and Clean Air: California Invests in Greener School Transportation
California has awarded $500 million to fund 1,000 zero-emission school buses and chargers for educational agencies as part of its effort to reduce pollution, improve student health, and accelerate the transition to clean transportation.
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