Reactions to CRA plan signal long fight ahead
“The proposal would significantly undercut the kind of smaller, more targeted investments that communities need the most.” -David M. Dworkin
“The proposal would significantly undercut the kind of smaller, more targeted investments that communities need the most.” -David M. Dworkin
“Influential organizations spanning the political spectrum — including the National Association of Realtors, the National Association of Real Estate Brokers, the National Association of Hispanic Real Estate Professionals, the National Community Reinvestment Coalition, the National Housing Conference and the National Consumer Law Center — support the effort to end life of loan premiums. Now, with the Actuarial Report in hand, it is time for the FHA to act to end this policy.”
“In many cases, individuals earn below $10 an hour, a wage that would be a barrier for most households in Greenville to affording even the most affordable housing unit. The National Housing Conference’s Paycheck to Paycheck study indicates a household would need to earn $60,000 a year to purchase a home and about $33,000 a year to rent a two-bedroom apartment in the Greenville metro area.”
“There are more than 550,000 Americans without homes, according to federal data compiled in 2017. An increasing portion of the homeless population are men and women who’ve been priced out of homes and neighborhoods they were once able to afford.” – David M. Dworkin
“The Housing as Infrastructure Act has received support from a number of organizations, including Enterprise Community Partners, Local Initiatives Support Corp., National Association of Housing and Redevelopment Officials (NAHRO), National Housing Conference, National Low Income Housing Coalition, and National Multifamily Housing Council.”
“Groups ranging from the National Association of Home Builders, a trade group for housing construction companies, to affordable housing advocates, like the National Housing Conference and the National Low Income Housing Coalition, have endorsed the [Housing is Infrastructure Act].”
“A family would need to earn about $160,000 per year to qualify for the median home in Suffolk County, according to data from the National Housing Conference — well over the $90,650 household income of the average two-person household in the Boston area.”
“While some point to his success to date as an example of capitalist profiteering, the fact is that his investments in the city remain both risky and essential to ensuring we build a new Detroit for all of its citizens.” – David M. Dworkin
“A family would need to earn around $160,000 per year to qualify the median home in Suffolk County, according to data from the National Housing Conference — well over the $90,650 household income of the average two-person household in the Boston area.”
“His vision of modernizing the critical infrastructure of the FHA is essential to successfully serving all Americans with affordable and responsible mortgage financing while protecting both borrowers and taxpayers from avoidable risk. He will be a valuable voice within the administration and in the housing community as a whole.” – David M. Dworkin