Jan 26 2008
Housing Incentives Key To Success Of Stimulus Package
January 24, 2008 - In a full-page ad in USA Today and letters to the House and Senate leadership, the National Association of Home Builders (NAHB) today called on Congress to make housing incentives a key part of any economic stimulus package being crafted on Capitol Hill.“Any stimulus plan needs to address the housing downturn in order to stabilize financial markets and get the economy moving forward,” said NAHB President Brian Catalde, a home builder from El Segundo, Calif.
In addition, Catalde urged Federal Reserve policymakers to enact further interest rates cuts when they meet at the end of the month to restore confidence and increase liquidity in the financial markets.