FHFA appoints inaugural members of affordable housing advisory committee
The
Federal
Housing
Finance
Agency
(FHFA)
on
Thursday
named
the
inaugural
members
of
its
newly
created
advisory
committee
on
affordable,
equitable
and
sustainable
housing.
The
purpose
of
the
committee
is
to
provide
nonbinding
advice
to
the
agency
on
how
Fannie
Mae,
Freddie
Mac
and
the
Federal
Home
Loan
Banks
can
achieve
their
goals
as
a
“reliable
and
responsible
source
of
liquidity
and
funding“
across
the
single-family
and
multifamily
housing
sectors.
The
FHFA
began
soliciting
applications
for
the
committee
in
September
2023.
It
initially
sought
members
with
expertise
in
fields
such
as
fair
lending,
fair
housing,
civil
rights,
capital
markets,
investments,
single-family
and
multifamily
lending,
community
advocacy,
Low-Income
Housing
Tax
Credits,
research
and
more.
The
committee’s
charter
states
that
representatives
will
report
directly
to
FHFA
Director
Sandra
Thompson.
Members
will
not
be
paid
for
their
service
but
will
be
reimbursed
for
travel
and
miscellaneous
expenses
at
an
estimated
cost
of
$325,000
per
year
to
the
agency.
The
group
will
not
have
access
to
confidential
information
and
will
not
be
directly
responsible
for
setting
agency
policies.
“I
thank
the
Committee
members
for
their
willingness
to
share
their
deep
housing
expertise
with
FHFA,”
Thompson
said
in
a
statement.
“The
wide-ranging
factors
driving
the
Nation’s
housing
affordability
challenges
will
be
best
identified
and
addressed
with
perspectives
anchored
in
on-the-ground
experience.”
The
committee
is
scheduled
to
meet
for
the
first
time
this
fall
and
each
member
will
serve
a
two-year
term.
The
inaugural
committee
members
are:
-
Laura
Arce,
senior
vice
president
of
economic
initiatives,
UnidosUS -
Nikitra
Bailey,
executive
vice
president,
National
Fair
Housing
Alliance -
David
N.
Castillo,
CEO,
Native
Community
Capital -
Ozaa
EchoMaker,
leader
and
organizer,
Bozeman
Tenants
United -
Ofo
Ezeugwu,
founder
and
CEO,
WYL.co (WhoseYourLandlord) -
Lisa
Gomez,
CEO,
L+M
Development
Partners
LLC -
Tiena
Johnson
Hall,
executive
director,
California
Housing
Finance
Agency -
Alexis
Iwanisziw,
senior
vice
president
of
policy
and
communications,
Inclusiv -
Lark
Mallory,
president
and
CEO,
Affordable
Housing
Trust
for
Columbus
&
Franklin
County
(Ohio) -
Michael
Newman,
general
counsel,
Insurance
Institute
for
Business
&
Home
Safety -
Pamela
Patenaude,
principal,
Granite
Housing
Strategies
LLC -
Sosseh
Prom,
national
housing
justice
director,
African
Communities
Together -
Janneke
Ratcliffe,
vice
president,
Urban
Institute
Housing
Finance
Policy
Center -
Paula
Reeves,
president
of
affordable
housing, Land
Home
Financial -
Sipho
Simela,
founder
and
CEO,
Matrix
Rental
Solutions -
Debra
W.
Still,
vice
chair,
Pulte
Financial
Services -
Sheri
Thompson,
executive
vice
president
and
head
of
affordable
housing,
Walker
&
Dunlop -
Eileen
Tu,
vice
president
of
mortgage
policy
and
credit
development,
Rocket
Mortgage -
John
Wiechmann,
president
and
CEO,
Midwest
Housing
Equity
Group
Inc. -
Stacie
Young,
president
and
CEO,
Community
Investment
Corp.
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