Julia Gordon brings deep experience to address the significant challenges that face FHA. If we are going to succeed in closing the racial homeownership gap, FHA must be in the forefront. Through her leadership of the National Community Stabilization Trust, she has a nuanced understanding of local housing markets and how they can function sustainably even when under stress.
“The new proposal to modernize the Community Reinvestment Act (CRA) is a significant improvement while being open to additional feedback on key issues,” said David M. Dworkin, president and CEO of the National Housing Conference. “This proposed rule moves CRA into the 21st century with a durable approach that will withstand the scrutiny of future swings in political leadership for at least a decade,” Dworkin said.
The National Housing Conference (NHC) is pleased to announce honorees to be celebrated at our Annual Housing Visionary Awards Gala on June 14, 2022, at the Anthem in Washington, D.C. This year’s honorees are distinguished leaders in housing and community development whose work has helped move our nation toward NHC’s goal of decent, affordable housing for all.
NHC commends the Senate for the confirmation of Lael Brainard as Vice Chair of the Federal Reserve Board of Governors. “Governor Brainard is an experienced financial regulator with a deep understanding of how the Fed’s actions impact communities across the country,” said David Dworkin, NHC President and CEO.
The National Housing Conference commends the work of the Property Appraisal and Valuation Equity (PAVE) Task Force, led by Housing and Urban Development Secretary Marcia Fudge and Domestic Policy Director Ambassador Susan Rice. The report’s recommendations are essential steps to dealing with the enduring problem of racially biased appraisals.
Sarah Bloom Raskin is an outstanding choice to be the Federal Reserve Board of Governors’ Vice Chair for Supervision. She is eminently qualified for this critically important role, having served in two key positions during the recovery from the 2008 financial crisis.
I commend the Senate for the confirmation of Alanna McCargo as President of Ginnie Mae. In her new role, Ms. McCargo will have the opportunity to ensure that Ginnie Mae policy aligns with the Biden administration’s goals of reducing housing costs and expanding access to homeownership for historically underserved groups. Ms. McCargo has the expertise necessary to get Ginnie Mae back on track after five years without a permanent head.
President Biden’s nomination of Sandra Thompson to serve as Director of the Federal Housing Finance Agency (FHFA) is the right choice for one of the most important jobs in housing. Since her appointment as FHFA Acting Director in June, Ms. Thompson has repeatedly demonstrated her commitment to an equitable housing finance system. Her extensive experience at the Federal Deposit Insurance Corporation makes her particularly well qualified to oversee the safety and soundness of the housing industry through the Government Sponsored Enterprises.
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