Urge Our Senators to Vote for Housing Finance Reform NOW
Since we’re still suffering from the “everybody deserves a house” days, we need to be on top of any efforts to create a more solid lending environment. Bipartisan housing finance reform legislation was recently passed by the Senate Banking Committee and deserves an up or down vote on the Senate floor. If passed, this bill will fix the nation’s flawed housing finance system and breathe new life into the housing sector by providing a consistent and affordable supply of mortgage credit for single-family and multifamily housing. We need to urge all Senators to SUPPORT, S. 1217, the Housing Finance Reform and Taxpayer Protection Act of 2014, AND urge its immediate consideration on the Senate floor.
After six years of government conservatorship our nation’s housing credit system remains in a constant state of uncertainty and confusion. Home builders, lenders and other market participants cannot adequately plan for the future and home buyers are either denied credit or paralyzed by the mixed messaging. Absent reform, all critical policy decisions on the operations of Fannie Mae and Freddie Mac will continue to be left to one unelected regulator, bipartisan compromise that would fund nearly $5 billion in annual affordable housing programs would be put on the back burner, and taxpayers would be exposed to yet another government bailout. S. 1217 works to address these concerns in a rare bipartisan policy achievement and deserves to be brought to the Senate floor for a vote.
HBAI Educational Corporation Awards Nine Students
We had a great collection of students apply for the HBAI EC scholarships, all of whom are going into the trades directly or indirectly. Thanks to the HBAI EC Board of Directors for reviewing, studying and selecting our 2014 winners. The majority of the students are related to our members, which is always great to see. The following students have been carefully chosen and awarded:
Cody Willer (Sioux City, Industrial Education/Safety) – Charlie Wasker Scholarship – $1k
Dayne Sturm (Hamburg, Residential Construction) – Kenny Selzer Scholarship – $500
Michael Madden (Construction Management) – Doug Mayo Scholarship – $1k
Christopher Schutt (Urbandale, Construction Management) – Presidential Scholarship – $1k
Avery Chapman (Marion, Landscape & Construction Design – Jeff Tegeler Scholarship – $1k
Travis Dimmer (North Liberty, Construction Management) – David Ealy Scholarship – $1k
Dylan Balmer (Ames, Aerospace Engineering) – Bob Friedrich Sr. Scholarship – $750
Wade Vollink (Orange City, Engineering Science) – John Small Scholarship – $500
Daniel Hingtgen (North Liberty, Computer Engineering) – Ron Smith Scholarship – $750
2014 HousingIowa Conference
Come visit Awesometown Sept. 3-5 at the Des Moines Marriott Downtown. Also known as the 2014 HousingIowa Conference! This year’s conference takes a unique approach to highlighting the far-reaching effects of affordable housing by welcoming attendees to “Awesometown” – a fictional town where everything is just a little better due to affordable housing within the community.
Awesometown will offer a vast array of exceptional national trainings and education sessions in three tracks: affordable rental, affordable homeownership and homelessness. All of this is made available at a …dare we say… awesome value!
Visit Awesometown’s web site often for schedule updates, training opportunities and more for affordable housing advocates, developers, managers, owners, lenders, REALTORS® and homeless service providers.
Reserve your room today by calling 800.228.9290 or by booking online. Please ask for the “HousingIowa Conference block”. The discounted room rate is $114 per night (standard guestroom), plus applicable taxes and fees.