Jordan Eizenga

Sharing the Pain and Gain in the Housing Market Report

A foreclosure sign outside of a home. Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency could prevent foreclosures by combining principal reduction with

Sharing the Pain and Gain in the Housing Market

John Griffith and Jordan Eizenga explain why Fannie Mae, Freddie Mac, and the Federal Housing Finance Agency should embrace a targeted principal-reduction program for certain deeply underwater loans it owns or guarantees.

Mar 29, 2012

John Griffith, Jordan Eizenga

A House America Bond for State Housing Finance Agencies Report

Federal Housing Finance Agency Acting Director Edward DeMarco testifies on Capitol Hill in Washington before the Senate Banking Committee hearing on problems in mortgage servicing in December 2010. (AP/Manuel Balce Ceneta)

A House America Bond for State Housing Finance Agencies

Jordan Eizenga introduces House American Bonds as an example of how to resolve funding issues for the housing finance agencies that support affordable housing.

Mar 1, 2012

Jordan Eizenga

The Importance of a Homeowner Bill of Rights Article

Attorney General Eric Holder, center, accompanied by Housing and Urban Development Secretary Shaun Donovan, right, Iowa Attorney General Tom Miller, and other federal and state officials, announces a settlement regarding mortgage loan servicing and foreclosure abuse. (AP/Cliff Owen)

The Importance of a Homeowner Bill of Rights

Peter Swire and Jordan Eizenga detail how proposed rules for increased transparency in the servicing of mortgages will benefit all involved.

Feb 17, 2012

Peter Swire, Jordan Eizenga

Manufacturing Bonds Article

Vice President Joe Biden tours Wrap-Tite, Inc., a stretch-wrap manufacturing company which landed a $1.5 million Small Business Administration loan in 2011. With Biden are Wrap-Tite, Inc. CEO Suresh Bafna, rear, and President Sunil Daga.
<br /> (AP/Amy Sancetta)

Manufacturing Bonds

Jordan Eizenga and James Hairston detail the benefits of creating a manufacturing bond guarantee program to the companies that remain integral to our economy.

Feb 16, 2012

Jordan Eizenga, James Hairston

The Ramp Begins for ‘Rehab-to-Rent’ Article

If Rehab-to-Rent is successfully implemented, it can help promote a more resilient, affordable, and energy-efficient stock of rental housing; protect taxpayers from financial loss; and create well-paying jobs and economic activity in the process (AP/ Matt York)

The Ramp Begins for ‘Rehab-to-Rent’

Fannie Mae’s new pilot program with its portfolio of foreclosed properties is a step in the right direction, but policymakers must tread lightly, caution John Griffith, Alon Cohen, and Jordan Eizenga.

Feb 2, 2012

John Griffith, Alon Cohen, Jordan Eizenga

Getting to the Bottom of the Housing Crisis Article

New York Attorney General Eric Schneiderman speaks at the Justice Department in Washington, Friday, January 27, 2012, following Attorney General Eric Holder's announcement of the formation of the Residential Mortgage-Backed Securities Working Group. (AP/Cliff Owen)

Getting to the Bottom of the Housing Crisis

CAP’s housing experts detail how President Obama’s new mortgage crisis working group can bring order and justice to our housing finance system and help rebuild our economy.

Jan 31, 2012

Janneke Ratcliffe, Alon Cohen, Jordan Eizenga

Rehab-to-Rent Can Help Hard-Hit Communities and Our Economy Report

A foreclosed home in Sacramento, California, in 2008. Selling Fannie Mae’s foreclosed properties individually is risky while selling the properties in bulk, through the Rehab-to-Rent program, ensures these foreclosed properties provide affordable, stable rental housing. (AP/ Rich Pedroncelli)

Rehab-to-Rent Can Help Hard-Hit Communities and Our Economy

Alon Cohen, Jordan Eizenga, John Griffith, Bracken Hendricks, and Adam James lay out a plan for removing a portion of government-owned foreclosed properties from the glutted for-sale market by converting them to affordable rental units.

Jan 24, 2012

Alon Cohen, Jordan Eizenga, John Griffith, 2 More Bracken Hendricks, Adam James

A Small Change to the Saver’s Credit Can Go a Long Way Report

A Small Change to the Saver’s Credit Can Go a Long Way

Converting the existing saver's tax credit into a refundable credit could help low- and moderate-income families build household wealth, write Camille Busette and Jordan Eizenga.

Jan 10, 2012

Camille M. Busette, Jordan Eizenga

Big Ideas for Small Business: The CDFI Bond Guarantee Program Article

Treasury Secretary Timothy Geithner testifies on Capitol Hill in Washington, Tuesday Oct. 18, 2011, before the Senate Small Business and Entrepreneurship Committee. The Treasury Department can guarantee up to $1 billion in CDFI-issued bonds per year through fiscal year 2014. (AP/ Manuel Balce Ceneta)

Big Ideas for Small Business: The CDFI Bond Guarantee Program

Jordan Eizenga explains why the CDFI Bond Guarantee Program would be good for small business.

Dec 22, 2011

Jordan Eizenga

Consumers Matter in Mortgage-Servicing Compensation Decision Article

Consumers Matter in Mortgage-Servicing Compensation Decision

The consumer perspective must be front and center in FHFA decisions about mortgage-servicing compensation after the robo-signing scandal, write Peter Swire and Jordan Eizenga.

Dec 20, 2011

Peter Swire, Jordan Eizenga

Housing Refinancing Reforms Still Needed Article

A home has a real estate sign in front in Newton, Massachusetts. (AP/Steven Senne)

Housing Refinancing Reforms Still Needed

HARP changes are welcome, but more can be done to help struggling homeowners, write Sarah Rosen Wartell and Jordan Eizenga.

Nov 22, 2011

Sarah Rosen Wartell, Jordan Eizenga

Why Treasury Should Extend the New Issue Bond Program Article

A sign announces a pending residential home sale in Wayland, Massachusetts, Wednesday, August 10, 2011. (AP/Bill Sikes)

Why Treasury Should Extend the New Issue Bond Program

Jordan Eizenga maps out why the Obama administration program is a success that needs another year extension to help our housing market.

Nov 8, 2011

Jordan Eizenga

Refinancing At-Risk Homeowners Report

A house with a "for sale" sign in front is seen in Newton, Massachusetts. The Obama administration announced changes today to its Home Affordable Refinance Program to help more people access the program. (AP/Steven Senne)

Refinancing At-Risk Homeowners

Sarah Wartell, David Min, and Jordan Eizenga analyze the proposed changes to the Home Affordable Refinancing Program.

Oct 24, 2011

Sarah Rosen Wartell, David Min, Jordan Eizenga

Getting the Ball Rolling on the CDFI Bond Guarantee Program Article

The CDFI Bond Guarantee program can build on the important role Community Development Financial Institutions already play in creating jobs and serving the needs of distressed communities—a role Starbucks Corp. clearly understands. Starting November 1, Starbucks will begin collecting donations to provide capital for CDFIs as part of its “<a href=

Getting the Ball Rolling on the CDFI Bond Guarantee Program

Jordan Eizenga and James Hairston call for the swift implementation of the new CDFI Bond Guarantee program, which expands the capacity of Community Development Financial Institutions to meet the needs of low-income communities.

Oct 12, 2011

Jordan Eizenga, James Hairston

Renting Our Way Out of the Foreclosure Glut Article

Renting Our Way Out of the Foreclosure Glut

The Center for American Progress presents a way to help our housing markets and American taxpayers through a “rehab-to-rent” program on foreclosed homes.

Sep 20, 2011

Sarah Rosen Wartell, David M. Abromowitz, Bracken Hendricks, 3 More Alon Cohen, Jordan Eizenga, John Griffith

The National Payroll Contest: A Proposal to Create Jobs Article

An Office Depot employee straightens shelf items at a Tallahassee, Florida store. A contest that offers prizes to the firms that generate the greatest increases in payroll over the course of the year is an inexpensive and effective way to create jobs. (AP/Phil Coale)

The National Payroll Contest: A Proposal to Create Jobs

A little friendly competition could help boost employment, argue Michael Ettlinger and Jordan Eizenga.

Aug 18, 2011

Michael Ettlinger, Jordan Eizenga

Renting Our Way Past the Home Foreclosure Crisis Article

A rental house in Indiana in bad need of being rehabilitated. Converting real-estate owned houses into affordable rental properties could help meet the demand for such housing. (Flickr/mobilene)

Renting Our Way Past the Home Foreclosure Crisis

Renting out government-owned foreclosed properties will create jobs, generate revenue, and expand affordable housing, argue David Min, Jordan Eizenga, and John Griffith.

Aug 11, 2011

David Min, Jordan Eizenga, John Griffith

Putting People Back to Work Through Rehabbing and Renting Foreclosures Article

Putting People Back to Work Through Rehabbing and Renting Foreclosures

Alon Cohen and Jordan Eizenga detail an exciting proposal to help stabilize the housing market while boosting employment.

Aug 4, 2011

Alon Cohen, Jordan Eizenga

Let It Flow Article

Funding model and investment strategy innovations pioneered by New York and Connecticut provide a roadmap for the country as it faces a critical and growing safe drinking water and wastewater infrastructure funding gap. (iStockphoto)

Let It Flow

Donna Cooper and Jordan Eizenga urge policymakers to encourage other states to follow New York’s lead in applying modern portfolio management strategies to their revolving loan funds—which could mean more badly needed water infrastructure improvements.

Aug 2, 2011

Donna Cooper, Jordan Eizenga

Increasing the Impact of Federal and State Funds for Water Infrastructure Article

The EPA estimates that over the next 20 years, more than $600 billion in water system infrastructure improvements will be necessary. But state drinking and clean water revolving loan funds subsidize a portion of the project costs by offering low-interest loans to water authorities and water companies for these improvements. (iStockphoto)

Increasing the Impact of Federal and State Funds for Water Infrastructure

Donna Cooper and Jordan Eizenga offer a three-step blueprint for state revolving loan funds for maximizing clean and safe water infrastructure investment.

Aug 2, 2011

Donna Cooper, Jordan Eizenga

Failing to Raise the Debt Limit Would Harm the Poor and People of Color Article

Elizabeth Garcia de Mahomet, Illinois, habla sobre como usa cupones de comida para alimentar a sus tres hijos durante una visita al Departamento de Servicios Humanos estatal en Champaign. A partir de 2009, el 37,3 por ciento de los beneficiarios de estos programas eran personas de color. Estos programas podrían ser recortados por el 100 por ciento si el límite de deuda no es aumentado. (AP/David Mercer)

Failing to Raise the Debt Limit Would Harm the Poor and People of Color

Jordan Eizenga explains that lower-income and minority households will lose access to vital government services if Congress doesn’t act.

Jul 26, 2011

Jordan Eizenga

Interactive Map: No Debt Limit Increase Means Big Cuts to State Services Interactive

Interactive Map: No Debt Limit Increase Means Big Cuts to State Services

Map from Michael Linden and Jordan Eizenga shows that states will lose billions in funding if the debt limit isn’t raised.

Jul 20, 2011

Michael Linden, Jordan Eizenga

Creating Demand and Jobs by Reducing Student Debt Burdens Article

Creating Demand and Jobs by Reducing Student Debt Burdens

Congress can inject billions into the economy and boost employment by modifying the Department of Education’s student loan rebate program, says Jordan Eizenga.

Jun 29, 2011

Jordan Eizenga

Global Spending Caps Are a Very Unserious Idea Article