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Fighting to end unnecessary foreclosures and to improve the state of housing in America

Civil Rights Groups Highlight the Need for Affordable Mortgage Credit

Civil Rights Groups Highlight the Need for Affordable Mortgage Credit

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At a convening to discuss housing finance reform held earlier today, leading civil rights and housing groups echoed concerns raised late last month about access to and affordability of mortgage credit for communities of color.

The event, which included a keynote address from Shaun Donovan, Secretary of Housing and Urban Development, highlighted the proposed housing finance reform bill from the U.S. Senate Banking Committee.

Although speakers unanimously agreed that an overhaul of the housing finance market is needed, they cautioned that the current draft of the bill proposed by Sens. Tim Johnson (D–S.D.) and Mike Crapo (R–Idaho) needs a number of changes to ensure that it provides affordable mortgages to all creditworthy borrowers, including many underserved communities.

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GSE Reform Convening with Civil Rights and Housing Groups

GSE Reform Convening with Civil Rights and Housing Groups

 

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Join NCLR (National Council of La Raza), as well as other allies leading the charge to keep homeownership affordable, for a convening about housing finance reform and the implications for communities of color.

WHAT: Rebuilding Our Communities Through Sustainable Homeownership

WHEN: Wednesday, April 16, 2014

WHERE: NPR Headquarters
1111 North Capitol Street, NE
Studio 1
Washington, DC 20002

Read more here!