Odd Lots
A Guggenheim Executive’s Big Plan to Build Millions of New Homes
A potentially powerful new role for Fannie and Freddie.
Jim Millstein
Photographer: Victor J. Blue/BloombergThis article is for subscribers only.
Jim Millstein, the Guggenheim Securities co-chair and former US Treasury official, has a plan to build millions of additional homes in America.
In an interview on the Odd Lots podcast, Millstein lays out a new approach that leverages the unique capacity of the government-sponsored enterprises (GSEs) known as Fannie Mae and Freddie Mac, to jumpstart the production of affordable apartments and other multifamily projects.