LaRence Snowden is the board Chairman of the Houston Housing Authority. He has served on the board of commissioners at HHA since 2012. Snowden is also the assistant vice president of research for Texas Southern University.
Back in 2018, Hurricane Harvey swept through Houston, Texas and the surround areas, bringing disaster upon the residents. Now, new assessments show the city may need an additional $2 billion in funding.
With the recent turnover in leadership at the Federal Housing Finance Agency, we may be standing at the precipice of great change in the government’s role in supporting the mortgage market through Fannie Mae and Freddie Mac.