Taking a close look at the federal government’s spending on real estate
The following post was crossposted on the U.S. Green Building Council’s blog.
The biggest real estate investor in the United States isn’t Donald Trump, and it’s not a private equity firm.
Spending or committing roughly $450 billion a year, the federal government is by far and away the largest investor in real estate in the country. This spending spans 50 federal programs at half a dozen agencies, and includes everything from loans and loan guarantees to tax credits to low-income housing grants. If you include the quasi-governmental enterprises Fannie Mae and Freddie Mac, the amount of money the government spends each year on real estate is even larger. 