NCRC Calls for Strengthening of FHFA’s Proposed Affordable Housing Goals
Washington, DC – Today, the National Community Reinvestment Coalition (NCRC) submitted a comment letter on the Federal Housing Finance Agency’s proposed 2015-2017 Enterprise Housing Goals.
“The affordable housing goals proposed by FHFA fall far short of what will be needed to ensure that all creditworthy Americans have access to mortgages,” said NCRC President and CEO John Taylor. “We urge FHFA Director Mel Watt to adopt meaningful affordable housing goals that will ensure broad access to conventional mortgage credit for creditworthy borrowers, including working class families.”
See here for the comment letter.
About the National Community Reinvestment Coalition (NCRC):
The National Community Reinvestment Coalition is an association of more than 600 community-based organizations that promote access to basic banking services, including credit and savings, to create and sustain affordable housing, job development, and vibrant communities for America’s working families.