National Housing Conference lauds release of $376 million in affordable housing funds
The National Housing Conference (NHC) commends acting director of the Federal Housing Finance Agency Joseph Otting on releasing over $376 million for affordable housing through the Capital Magnet Fund and Housing Trust Fund. “This is a big deal,” said NHC President and CEO David Dworkin. “Twice OMB and the White House have tried to zero out these essential programs, which are both effective and cost taxpayers nothing,” Dworkin said, adding, “Moving forward with these much-needed programs is the right thing to do.”