Commercial-focused Lending Facility

Letters to Congressional committees supporting commercial-focused lending facility

On January 13, 2009, several real estate associations jointly cosigned a letter to Chairmen and Ranking Members of the Senate Committee on Banking, Housing and Urban Affairs and the House Committee on Financial Services encouraging them to extend the "Term Asset-Backed Securities Lending Facility (TALF)" to commercial real estate in order to provide liquidity and facilitate lending in the private commercial mortgage market.

Read letter to U.S. House Committee on Financial Services

Read letter to U.S. Senate Committee on Banking, Housing and Urban Affairs