But public housing residents say mixed-income developments provide too little housing for them and do not address their immediate housing needs post-Katrina.
In other words, the new definition may provide the legal framework needed for private lenders to more confidently service mortgages in a post-housing bubble industry that has largely been dominated by Fannie Mae, Freddie Mac and government agencies like the Federal Housing Administration.
Rising energy prices are putting pressure on American wholesalers to try to raise prices, data for May showed Tuesday, but with the housing market mired in post- subprime doldrums and creating a drag on the overall economy, it will be increasingly difficult to make them stick.