The Terner Center for Housing Innovation at the University of California at Berkeley [1] will present the webinar "Reducing the Complexity of Funding Affordable Housing: What Works? [2]" exploring the challenges faced by the current affordable housing system. Set for Thursday, May 27 from 2:00 p.m.-3:00 pm EDT, the webinar will discuss practices at the state and local level that will better align affordable housing subsidy administration around the country.
Established in 2015, the goal of the Terner Center is to formulate strategies to house families from all walks of life in vibrant, sustainable, and affordable homes and communities nationwide.
The Low-Income Housing Tax Credit (LIHTC) program [3] has been the primary source of new affordable housing in the past few decades. But the growing gaps between what a typical LIHTC project can raise in equity and its total development costs have contributed to the need for projects to pull together an increasingly varied set of funding sources to make sure new housing development is possible.
Terner Center Managing Director Ben Metcalf [4] and Desiree Francis [5] of Capital One will begin the session, followed by Terner Center Research Director Elizabeth Kneebone [6], who will present the findings from a recent paper on affordable housing.
A panel discussion, moderated by Yusef Freeman [7] of Jonathan Rose Companies, will close out the webinar, featuring panelists Judith Jacobson [8] of Preservation of Affordable Housing (formerly with Massachusetts Housing Partnership), Mark Stivers [9] of California Housing Partnership (formerly with California’s Tax Credit Allocation Committee and Department of Housing and Community Development), and Mary Tingerthal [10] of Tingerthal Group (formerly with Minnesota Housing).
Click here [2] for more information or to register for the Terner Center webinar.
Here's what else is happening in The Week Ahead:
- MBA Forbearance and Call Volume Survey [11] (Monday)
- Senate Banking Committee Remote Hearing: The Semiannual Testimony on the Federal Reserve’s Supervision and Regulation of the Financial System [12] (Tuesday)
- House Subcommittee on Diversity and Inclusion Virtual Hearing-The Legacy of George Floyd: An Examination of Financial Services Industry Commitments to Economic and Racial Justice [13] (Tuesday)
- House Subcommittee on Oversight and Investigations Virtual Hearing-Consumer Credit Reporting: Assessing Accuracy and Compliance [14] (Wednesday)
- Senate Banking Committee Remote Hearing: Annual Oversight of Wall Street Firms [15] (Wednesday)
- MBA Weekly Applications Survey [16] (Wednesday)
- Realtor.com Weekly Housing Market Recap [17] (Wednesday)
- House Financial Services Committee Virtual Hearing-Holding Megabanks Accountable: An Update on Banking Practices, Programs and Policies [18] (Thursday)
- Freddie Mac Primary Mortgage Market Survey [19] (Thursday)
- Senate Housing, Transportation, and Community Development Remote Hearing-Housing for Native Americans: Review of Federal Programs, Barriers, and Opportunities [20] (Thursday)
- U.S. Department of Labor's Unemployment Insurance Weekly Claims Report [21] (Thursday)
- Black Knight weekly forbearance data [22] (Friday)