NHRC Celebrates 9 Years of Service

Can you believe it? NHRC is nine years old! It seems like only yesterday that NHRC was a brand-new baby and look where we are now.  It has been quite a year: We pushed for $100 Million in new funding for housing counseling in the American Rescue Plan, which is now the Housing Stability Counseling Program administered by NeighborWorks America. No final number on the FY 2022 budget yet, but the House has put us in for the full $100 million for the HUD Housing Counseling assistance that we requested.  We continue to encourage the Senate to do the same. Our contributions to Maxine Waters’ staff and the Black Homeownership Collaborative are paying off with the likely inclusion of a first-generation homebuyer down payment assistance program in the latest budget reconciliation bill.  We should know shortly. We continue to advocate for the Eviction Crisis Act, the Disaster Recovery Act, and Housing Financial Literacy Act, along with a role for housing counseling in these bills. We have kept the pace up on our Leaders in Housing Counseling calls; the latest on eviction protection, forbearance, and foreclosure prevention, manufactured housing, thinking about systemic racism, student loans, Black and Brown homeownership preservation, and more. We have pivoted our outreach work with local housing counseling agencies to do virtual events on home buying and homeowner preservation. We continue to progress on standardizing housing counseling data fields, so our work can communicate electronically with Fannie Mae, Freddie Mac, lenders, servicers, and HUD (shout out to David Young on his leadership). Our significant discount for Credit Reports for NHRC members and the SAVI student loan program continues. We are making the voices of housing counseling heard in the public arena and [...]

We Need Your Help

Your support is NEEDED! Chairwoman Maxine Waters, head of the House Financial Services Committee, is asking for endorsers for her three major housing bills.  Please consider if your organization wants to provide an endorsement for each of these significant bills.  A strong showing by the housing counseling community is helpful.  Our deadline is 2:00pm EST on July 16, 2021. Downpayment Towards Equity:  This is a $10 billion commitment to First Time Homebuyer and First Generation homebuyers.  Grants of up to $20,000 and for socially and economically disadvantaged an extra $5,000.  Housing counseling is required for most of the grants.  This is the bill we have been working on and a major goal of the Black Homeownership Collaborative.  Your agency endorsement can be entered here. Housing is Infrastructure Act of 2021:  This bill provides significant funding for a mix of federal affordable construction, rehabilitation, and preservation programs, including additional CDBG funding for localities.  It also creates a national infrastructure bank. A summary of the bill is here.  Your agency endorsement can be entered here. The Endling Homelessness Act of 2021:  This bill phases in a universal Section 8 rental voucher program, which would mean that every low-income people person that needed it would get a subsidized, affordable rent (currently on a quarter do).  A summary of the ambitious bill is here.  Your agency endorsement for this bill can be entered here. Email me if there are questions.  Thanks in advance for all your help.   -Bruce   Bruce Dorpalen National Housing Resource Center bdorpalen@hsgcenter.org (267) 773-7210

The Black Homeownership Collaborative Plan for Three Million New Black Households by 2030

Black homeownership has plummeted since the Great Recession.   Systemic racism, equity stripping, and a significant loss of affordable housing are just a few reasons for this declination in Black homeowners throughout the US.   The National Housing Resource Center has joined with the National Housing Conference, the National Association of Real Estate Brokers, the National Fair Housing Alliance many other organizations working collaboratively through the Black Homeownership Collaborative to ensure that there are 3 million new Black homeowners by the year 2030.  To do this, a 7-point plan has been devised that will address several key areas that have caused Black homeownership to continually plummet since the end of the Great Recession. Over one hundred housing leaders that span the political spectrum in areas of housing advocacy and industry recommend seven “tangible, actionable, and scalable” steps that will aid in addressing the gap in housing disparities between Black and white homeowners.  As this is just the beginning in bringing Black homeownership to “levels never previously attained”, they are assured that these steps will lead to new strategies as this plan unfolds. The National Housing Resource Center (NHRC), HomeFree-USA, and NeighborWorks America co-chaired the Downpayment Assistance and the Housing Counseling Workstreams.   To read this plan in detail, click here. Homeownership Counseling – Providing homeownership counseling helps to close the gap in many of these areas by getting much-needed information to would be Black homebuyers.  The plan calls for sustained funding for housing counseling and strategies to get homebuyers and homeowners to housing counseling programs early in the process. Downpayment Assistance – Discriminatory housing policies and growing racial wealth gaps play a major role in many Black and Brown families not having much needed resources to save for [...]

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