U.S. Senator Katie Britt Celebrates Trump Administration Decision to Relocate Fannie Mae Offices to Alabama

WASHINGTON, D.C. – U.S. Senator Katie Britt (R-Ala.), Chairman of the Senate Banking Committee Housing, Transportation, and Community Development Subcommittee, today celebrated the Trump Administration’s decision to move several offices from San Francisco, California, to Birmingham, Alabama. The anticipated move, led by Federal Housing Finance Agency (FHFA) Director Bill Pulte, will result in jobs including financial, servicing, and accounting positions relocating to Alabama next year.

“As Chairman of the Housing Subcommittee, I have been dedicated to addressing our nation’s affordable housing shortage, including working with the Trump Administration to identify innovative ways to increase our housing stock and strengthen local communities. I’m proud to celebrate this announcement today, which reflects the hard work and talents of Alabama’s skilled workforce and pro-jobs environment. This move will not only boost economic growth in our state but will also contribute to meeting the housing needs of families across the country. I will continue to work diligently to remove barriers to homeownership and ensure that this cornerstone of the American Dream is within reach for more hardworking families,” said Senator Britt.

“Senator Britt has been a tireless advocate for Alabama and longstanding supporter of strengthening our housing finance system. As Chair of the Banking Subcommittee on Housing, she has been an invaluable partner to the FHFA as we work hard to bolster access to rural housing and grow the availability of manufactured housing. I’m incredibly thankful to both Senators Britt and Tuberville who have both made Alabama a place we’re proud to be,” said FHFA Director Pulte.

Senator Britt has been dedicated to working alongside Director Pulte to strengthening our housing finance system, addressing affordability challenges, and promoting homeownership. In result of her leadership and partnership, FHFA recently announced Fannie Mae and Freddie Mac would expand their CHOICEHome and MH Advantage financing programs to include CrossMod homes, something Senator Britt called a “creative, fiscally responsible [way] to tackle this issue.”

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