“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
“The Treasury Department has provided a map that lays out many roads, some of which are well-worn and bad for consumers and taxpayers alike. But the road less traveled, the road to true bipartisan housing reform, is now apparent – and if we choose to take it, it will make all the difference.” -David M. Dworkin
“But fees paid by the companies would inevitably be absorbed into HUD’s budget rather than going directly to help low-income borrowers.” -David M. Dworkin
“A broad coalition of mortgage-industry groups and lenders is calling for the Consumer Financial Protection Bureau (CFPB) to remove the debt-to-income (DTI) ratio requirement from the ability-to-repay standard for qualified mortgages.”
“The most important thing the hearing accomplished is that it has reinvigorated the debate on housing finance reform after 11 years of conservatorship and established a path forward that requires both Congress and the administration to get right.” – David M. Dworkin
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