NHC urges Acting Director Otting to continue making allocations to the Capital Magnet Fund (CMF) and the national Housing Trust Fund (HTF)
The National Housing Conference (NHC) and its diverse coalition of members submitted a letter to urge continued allocations to the Capital Magnet Fund (CMF) and the national Housing Trust Fund (HTF) in fiscal year 2019 and beyond. Some of the signatories include Atlanta Neighborhood Development Partnership, Capital Magnet Fund Coalition, Central Bank of Kansas City, Cinnaire, and the Coalition of Community Development to name a few.
National Housing Conference statement on Chairman Crapo’s housing finance plan
The National Housing Conference (NHC) supports Senate Banking Committee chairman Mike Crapo’s objectives to “establish stronger levels of taxpayer protection, preserve the 30-year fixed rate mortgage and promote access to affordable housing,” said David M. Dworkin, president and CEO of the National Housing Conference.
NHC urges communication between property managers and residents as shutdown continues
As the federal government partial shutdown continues to drag on, multifamily housing owners across the country are feeling its impact and consumers are increasingly concerned that this unprecedented crisis of governing could literally impact their ability to remain in their homes. While the National Housing Conference (NHC) is not aware of anyone who has lost their home as a result of the shutdown yet, anxiety is high and multifamily property managers and owners are under increasing pressure as their reserves shrink. If the shutdown continues into February, the situation will deteriorate due to non-payments to owners of federally subsidized properties, as was noted in a comprehensive legal analysis written by the National Housing Law Project (NHLP) staff.
NHC’s statement on the continued impact of the shutdown on housing
As the partial government shutdown crawls into its fourth week, anxiety among those housed with money from the unfunded Department of Housing and Urban Development continues to rise. “This crisis is completely unnecessary and irresponsible,” said David M. Dworkin, NHC president and CEO. Dworkin cautioned that “no one is currently at risk of losing their home due to the government shutdown,” adding that “affordable housing advocates need to be careful to provide vitally needed facts to our constituents and avoid unnecessarily stoking the fears of innocent low-income people, especially the thousands of senior citizens and people with disabilities living in Section 202 and 811 units.”
NHC’s statement on HUD leadership changes
“Pam Patenaude has been a dynamic and effective deputy secretary, which is one of the most important housing positions in any administration,” said NHC President and CEO David M. Dworkin. “She has been a passionate advocate for relief efforts in Puerto Rico, and a key voice on behalf of housing within the Trump administration.”
National housing leaders meet to develop solutions to growing affordability crisis
Housing leaders from around the country meet to develop solutions for the growing affordability crisis, which has left one in five adults, age 25-35 living with their parents, according to research conducted by the National Association of Home Builders. “We need to fix this housing crisis before it’s too late,” said NHC President and CEO David M. Dworkin.