White House eyes ways to help rental housing (Reuters)

WASHINGTON (Reuters) ? The Obama administration is exploring different ways to provide greater support for rental housing, a top U.S. Treasury official said on Friday.

One approach would be to expand the government's capacity to support lending for the multifamily market, Treasury's under secretary Jeffrey Goldstein told a national housing conference in Washington.

Goldstein said the administration is considering a range of reforms such as risk-sharing with private lenders to reduce the risk to the government and taxpayer.

(Reporting by Rachelle Younglai, Editing by Chizu Nomiyama)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20110624/pl_nm/us_usa_housing_rental

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