NAAHL Welcomes New President and CEO
HUD’s former Senior Advisor for Housing Supply and Infrastructure, Sarah Brundage will succeed current CEO Buzz Roberts following retirement in February
‘A Legacy Second to None:’ Roberts to Retire from NAAHL, Ending Storied Career
By Brad Stanhope, Novogradac
Buzz Roberts showed an early understanding of how community development financing works.
"When I was in high school, I was a big New York Rangers [hockey] fan, but I could never get tickets to playoff games because unless you were a season-ticket, you had to camp out for them," said Roberts.
Mixed Reactions to New CRA Requirements
By Sam Manas, Inside Mortgage Finance
Neither consumer nor industry trade groups are fully satisfied with the final rule modernizing Community Reinvestment Act requirements. Lindsey Johnson, president and CEO of the Consumer Bankers Association, said the new framework will make it harder for banks to achieve an outstanding rating and the parameters around facility-based assessment areas could result in banks being unfairly categorized as needing improvement.
Banking Regulators Release Final Rule on CRA
By Donna Kimura, Affordable Housing Finance
Affordable housing leaders are taking a close look at changes that could significantly reform Community Reinvestment Act (CRA) requirements. Federal banking regulators—the Office of the Comptroller of the Currency, the Federal Reserve, and the Federal Deposit Insurance Corp.—released their final rule Oct. 24.
Banks Face Shake-Up of Low-Income Lending Rules
By Andrew Ackerman, The Wall Street Journal
Top U.S. banking regulators have been struggling for more than five years to update anti-redlining rules aimed at making banks lend more in lower-income communities. On Tuesday, they plan to complete a revamp of them for the era of online banking.
Redlining Regulation To Remain Race-Neutral
By Georgia Kromrei, Law360
Banking regulators Tuesday approved a long-awaited regulatory overhaul of the Community Reinvestment Act, and although the federal anti-redlining statute was intended to correct past racist housing policies, the rule will not explicitly consider race in its assessment of bank lending practices.
Housing Association Chief Retires
By Kate Berry, American Banker
Benson F. "Buzz" Roberts (pictured), president and CEO of the National Association of Affordable Housing Lenders, will retire at the end of the year after a 45-year career in affordable housing and community development.
Industry Veteran Buzz Roberts to Retire
By Donna Kimura, Affordable Housing Finance
Benson “Buzz” Roberts, president and CEO of the National Association of Affordable Housing Lenders (NAAHL), has announced that he will retire at the end of the year.
NAAHL President and CEO Buzz Roberts to Retire at the End of 2023
The Buzz
Washington, DC – (October 13, 2023) Today, the National Association of Affordable Housing Lenders (NAAHL) announces the retirement of President and Chief Executive Officer Benson (Buzz) Roberts, effective December 31, 2023. Roberts will close his career after serving affordable housing and community development for over 45 years, including nearly eight years in his leadership role at NAAHL.
The Californization of the Texas Housing Market
By Adolfo Flores, The Wall Street Journal
Texas has long had a reputation as an affordable place to live, in large part because homeownership stayed within reach for the middle class. Now the state is being walloped by the same forces that have made homes a lot less affordable in many cities previously known for reasonable prices: pandemic-era migration from California and other more expensive areas.
