WASHINGTON — A group of 33 senators, mostly Democrats, is urging the new head of the Federal Housing Finance Agency to resume funding for two affordable housing trust funds.

The National Housing Trust Fund and the Capital Magnet Fund were established under the Housing and Economic Recovery Act of 2008 to help develop and improve affordable rental options. They were to be financed by mortgage giants Fannie Mae and Freddie Mac, which the FHFA oversees, but the two government-sponsored enterprises were placed into federal conservatorship shortly after the law's passage and allocations to the funds were largely suspended.

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