joint center for housing studies of harvard university the state nation s 2006 graduate school design john f kennedy government principal funding this report was provided by ford foundation and policy advisory board additional support fannie mae federal home loan banks freddie mac assistance council national association affordable lenders builders redevelopment officials local finance agencies realtors conference endowment league cities low income coalition multi research institute america president fellows college opinions expressed in do not necessarily represent views or other sponsoring 2000 2003 2004 2005 note monthly payments are based on 90 median house price adjusted inflation