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News from 2019

What homeowners should consider when looking to refinance

“Generally, when rates are lower you want to refinance, especially if you’re in a adjustable rate mortgage and have an opportunity to go into a fixed-rate [mortgage], and lock that price in. But where we are now, after many years, most people have refinanced.” -David M. Dworkin

New affordable housing bill aims to add 1.9M units nationwide

“We are millions of units short of affordable housing and the result is that nearly half of all renters spend more than 30 percent of their income on rent,” said David M. Dworkin, the National Housing Conference’s president and CEO, in a statement. “This legislation is an important step towards closing the housing supply gap, but there’s much more to do.”

Top Treasury official Craig Phillips to depart

“He’s been a linchpin in all the major workstreams at Treasury. It’s a really big loss, and it’s going to be critical that somebody fills the role with his level of expertise.” – David M. Dworkin

Cooper Sr. will be honored with the Carl A.S. Coan Sr. award from the National Housing Conference at its 47th Annual Housing Visionary Awards in Washington D.C.

“WNC, a leading provider of investment, asset management and development services in the affordable housing industry, announced today that Founder and Chairman of the Board Will Cooper Sr. has been named the 2019 recipient of the prestigious Carl A.S. Coan Sr. Award, presented by the National Housing Conference.”

What’s up with affordability?

“We have the best job market for millennials since the Korean War. And yet 1 in 6 millennials in that age range live with mom and dad.” – David M. Dworkin

HUD, affordable housing programs get a boost in latest congressional spending bill

“I am especially appreciative that the House and Senate leadership were able to come together after very difficult negotiations to reach a bipartisan compromise. Washington works best when it is working together on building our country. It’s gratifying that reconciliation and compromise are not the lost arts of political discourse.” – David M. Dworkin

Navigating the booming cost of urban life

David Dworkin, president and CEO of the National Housing Conference, ran through a litany of similarly dodgy long-term solutions, from safe lots to micro-apartments, and sounding frustrated, blurted out: “The alternative, of course, is actual affordable housing.”

Housing advocates surprisingly upbeat on FHFA nominee

“When he spoke before the committee and he was clear about not doing anything that would disrupt the housing economy or these funds, I took him at his word. I think it’s a product of his evolving understanding of the complexities of the market and the importance of these policies.” – David M. Dworkin

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