Statement From NAAHL President and CEO Sarah Brundage in Response to Anticipated Programmatic and Personnel Cuts at HUD

Statement From NAAHL President and CEO Sarah Brundage in Response to Anticipated Programmatic and Personnel Cuts at HUD

Now more than ever, we must recommit to our shared values of serving the American people including meeting their housing needs.

Washington, DC – As the only national association devoted to bringing together private capital providers, nonprofit lenders, and policymakers to finance affordable housing and community development, NAAHL understands the value of strong federal partners, including HUD.

The message from the American people has been clear: housing affordability is a top priority. In order to build and preserve enough affordable homes for renters and homeowners, we need strong private and nonprofit sector solutions and a collaborative, functioning government. Many HUD programs and the civil servants who administer them are essential to deals penciling out, creating jobs, generating tax revenue, and ultimately providing stable housing and economic opportunity for families.

Now more than ever, we must recommit to our shared values of serving the American people including meeting their housing needs.

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.