Bonds for the American Dream: A Political History of Single-Family Mortgage Revenue Bond Programs

  • Danny W. Durning
Part of the Current Issues in Real Estate and Economics book series (IREF, volume 2)


Single-family mortgage revenue bonds (MRBs) first inspired furious controversy in 1978 when state and local governments started selling them in huge amounts. The supporters of MRBs asserted that the bond programs effectively helped renters become owners. MRB opponents disagreed: they claimed that the bond programs wasted tax money, helping mainly the real estate industry and families that could already afford to buy houses.


Mortgage Loan Housing Program Bond Issue Municipal Bond Treasury Department 
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Copyright information

© Springer Science+Business Media New York 1992

Authors and Affiliations

  • Danny W. Durning

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