FHFA appoints inaugural members of affordable housing advisory committee

By Housing News

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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