Gov. Schwarzenegger Issues Statement on Obama Administration Plan to Assist Housing Finance Agencies, Help Restart Affordable Housing Market

October 20, 2009 – (RealEstateRama) — Governor Arnold Schwarzenegger today issued the following statement after the Obama Administration’s announced move to provide support to housing finance agencies across the nation. This action will help restart the housing market for low to moderate income first-time homebuyers, including in California, which has been among the hardest hit by the real estate crisis.