June 5, 2019

Contact: Cherri Sinclair

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NAAHL Explores What’s Next for Neighborhood Finance at Annual Conference

Industry experts and policy makers will share emerging practices and public policies in affordable housing for low-income neighborhoods.

Washington, DC – (June 5, 2019) Today, National Association of Affordable Housing Lenders (NAAHL) will host its annual Policy and Practice conference at the National Press Club in Washington, DC. Housing industry leaders and policy makers from banks, financial institutions, non-profits and federal agencies will discuss ‘What’s Next for Neighborhood Finance’ and provide updates on affordable housing policies such as the Community Reinvestment Act (CRA) and opportunity zones.

“At our conference this year, our speakers will discuss the emerging policies and practices that drive financing for affordable homes and businesses in low-income neighborhoods,” explains NAAHL Present and CEO, Buzz Roberts. “We’re excited to learn about these innovations mean for the future of financing affordable homes.”

The conference will begin with keynote speaker Congressman Gregory Meeks (D-NY), Chairman of the House Subcommittee on Consumer Protection and Financial Institutions, and conclude with a panel of policy makers from the Federal Deposit Insurance Corporation, Federal Reserve Board, and the Office of the Comptroller of the Currency, who will provide their perspectives on CRA modernization.

Conference speakers and panelists include housing industry experts and policy makers from banks, community development financial institutions (CDFIs), and other capital providers, who will present data on CRA lending and gentrification, actual Opportunity Zone deals, the involvement of healthcare companies in affordable housing development, and information on various housing policies including the Neighborhood Homes Investment Act, a proposed federal tax credit that would attract new investment for the development and renovation of owner-occupied homes in distressed urban, suburban, and rural neighborhoods.

About National Association of Affordable Housing Lenders

NAAHL is the only national alliance of banks, CDFIs, and other capital providers dedicated to expanding economic opportunity by financing affordable housing and neighborhood revitalization. NAAHL has worked to advance responsible community reinvestment, fight predatory lending, and strengthen public-private partnerships.

For more information, visit www.naahl.org.