5 Takeaways from Treasury’s call to action on CRA
“The report embraces and accepts the fact that it’s time to provide much more detail and specificity for banks and the consumer advocates that are judging them.”
– David M. Dworkin
“The report embraces and accepts the fact that it’s time to provide much more detail and specificity for banks and the consumer advocates that are judging them.”
– David M. Dworkin
David Dworkin, president and CEO of the National Housing Conference, called the omnibus “the biggest and most important housing legislation in several years.” “Compared to the Trump administration budget, it’s downright dramatic,” Dworkin said. “It’s important because as the home ownership rate has fallen, there’s been increasing pressure on multifamily rental, particularly affordable rental.”
David M. Dworkin, president and CEO of the National Housing Conference, called the fiscal 2018 funding bill “the most important housing legislation in many years.”
“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
“A recent analysis from the National Housing Conference and the Center for Housing Policy showed that neither a teacher nor a social worker making the median national salary in their respective professions can afford the fair market rent for a two-bedroom home in the Boston, San Francisco, San Jose or Washington, D.C., metro areas.”
“This budget is bad policy and bad politics. It undermines years of public-private investments in housing and community development that have had broad bipartisan support, like the CDFI Fund and block grant funding for neighborhood redevelopment. It even cuts the Capital Magnet Fund and National Housing Trust Fund, which aren’t even paid for by taxpayers.”
– David M. Dworkin
“The best thing one can say about this budget is that it is dead on arrival,” says David M. Dworkin, president and CEO of the National Housing Conference, a nonpartisan affordable housing advocacy organization. “This budget is bad policy and bad politics. It undermines years of public-private investments in housing and community development that have had broad bipartisan support, like the CDFI Fund and block grant funding for neighborhood redevelopment. It even cuts the Capital Magnet Fund and National Housing Trust Fund, which aren’t even paid for by taxpayers.”
“If there is a negative effect on housing supply, you’re not really moving the affordable housing discussion ahead.”
– Rebekah King
“I am excited by the opportunity to advance NHC’s mission, and the cause of housing in America,” said Dworkin. “The American home has been under unprecedented threat since the housing crisis. Now more than at any time in recent history, America’s renters and homeowners need NHC and its members to fight for quality affordable housing. I look forward to fulfilling the trust that the NHC board of governors has placed in me.”
“I am excited by the opportunity to advance NHC’s mission, and the cause of housing in America,” said Dworkin. “The American Home has been under unprecedented threat since the housing crisis. Now more than at any time in recent history, America’s renters and homeowners need NHC and its members to fight for quality affordable housing. I look forward to fulfilling the trust which the NHC Board of Governors has placed in me,” he said.