NLIHC President to Testify on National Housing Trust Fund on November 7

Sheila Crowley, the President and CEO of NLIHC, will testify before the Senate Committee on Banking, Housing, and Urban Affairs on Thursday, November 7 at the committee’s seventh hearing on federal housing finance reform. The title of the hearing is “Housing Finance Reform: Essential Elements to Provide Affordable Options for Housing.” Ms. Crowley will testify primarily about the shortage of rental housing that extremely low income households can afford and the need to protect and maximize funding to the National Housing Trust Fund (NHTF) in any legislation.Other witnesses are: Hilary O. Shelton, Washington Bureau Director and Senior Vice President for Policy and Advocacy, NAACP; Rick Judson, Chairman, National Association of Home Builders; Douglas Holtz-Eakin, President, American Action Forum; and Ethan Handelman, Vice President for Policy and Advocacy, National Housing Conference.The hearing will begin at 10 am and will be held on the Dirksen Senate office building in room 538.The committee also will hold its sixth housing finance reform hearing on Tuesday, November 5 at 10 am. This hearing will consider “Protecting Small Lender Access to the Secondary Mortgage Market.” The Tuesday witnesses will be: Richard Swanson, President and CEO, Federal Home Loan Bank of Des Moines; William Loving, Jr., President and CEO of Pendleton Community Bank, Franklin, WV; Bill Hampel, Senior Vice President and Chief Economist, Research & Policy Analysis, Credit Union National Association; Bill Cosgrove, President and CEO, Union Home Mortgage Company; John Harwell, Associate Vice President of Risk Management, Apple Federal Credit Union, Fairfax, VA; and Jeff Plagge, President and CEO, Northwest Financial Corp., Arnolds Park, IA.