Next up is Ali Solis, the senior vice president of public policy and external affairs for Enterprise Community Partners, Inc. Ali will team up with an impressive set of speakers to discuss the Low Income Housing Tax Credit on the afternoon of Tuesday, September 16. Check out her thoughts on the BPC recommendation to increase the LIHTC by 50 percent and how she is inspired to work to improve the odds for the 19 million families facing housing insecurity in our country.
Our second speaker spotlight is shining on Sharon Wilson Geno, a partner at the law firm Ballard Spahr LLP. She will take part in a lively discussion of the Rental Assistance Demonstration Program on the afternoon of Tuesday, September 16.
We are pleased to introduce our first Summit speaker, Professor Dowell Myers, Ph.D. a demographer and urban planner from the University of Southern California Sol Price School of Public Policy. Don’t miss his luncheon keynote presentation on Monday, September 15.
In anticipation of BPC's 2014 Housing Summit, we are excited to launch a new blog series, intended to give you a sneak peek behind the scenes as we finalize programming. We will ask a speaker to answer questions about what he or she looks forward to sharing with you at the summit. We will post a new entry every other week – so check back often.
Shared equity models fill a vital place in the housing continuum between rental housing and traditional homeownership. Shared equity homeowners receive most of the benefits of traditional homeownership, including: security of tenure (no one can force you out so long as you pay your mortgage on time), ability to modify the home to fit your needs, increased affordability over time (due to fixed mortgage costs) and the ability to build wealth through the forced savings and high leverage of a 30-year fixed rate mortgage.
As Congress continues to consider an overhaul of the federal tax code, a key priority must be to protect and expand federal support for the Low-Income Housing Tax Credit.
Long-term housing finance reform is essential for removing the uncertainty surrounding mortgage finance. In addition, there are a number of immediate challenges for homebuyers trying to finance a house. Most importantly, it is far too difficult for many qualified people to obtain a mortgage.
Achieving housing finance reform received a major boost when Senate Banking Committee Chairman Tim Johnson (D-SD) and ranking member Mike Crapo (R-ID) recently unveiled their long-awaited reform proposal.
BPC’s forum on the “Implications of GSE Reform for the Federal Budget and National Debt” provided a primer on how the federal government currently accounts for the conservatorship of Fannie Mae and Freddie Mac and the budgetary impact of proposals to wind down the two institutions.
Developers of affordable housing properties rely on the Low Income Housing Tax Credit to provide the equity needed to build quality housing that would otherwise be unaffordable to low-income households.