Federal financing of and spending on real estate impacts millions of Americans. Federal Involvement in Real Estate: A Call for Examination, a report from MacArthur grantee Smart Growth America, surveys the federal government’s $450 billion in annual real estate spending, and states that federal funds neither target those in most need nor seek to strengthen existing communities. The report urges policymakers to revisit federal real estate programs to better support balanced housing choices, reinvest in existing neighborhoods, provide a safety net for American families, and help more Americans reach the middle class.
