Comment Detail
Date: 06/08/18 First Name: Ken Last Name: Fears Organization: The National Association of REALTORS City: N/A State: N/A Attachment: View Attachment Number: RIN-2590-AA83 Comment
Dear Mr. Pollard:
On behalf of the 1.3 million members of the National Association of REALTORS® (NAR), I submit this letter in response to the Federal Housing Finance Agency’s (FHFA) request for comment on the proposed Affordable Housing Program Amendments. NAR believes that well thought out regulatory relief for community based lenders could reignite homeownership opportunities for a significant number of additional Americans. NAR supports efforts to reform the Affordable Housing Programs (AHPs) to the extent that it helps to achieve this goal. Additional work must be done to normalize the homeownership rate, which can be accomplished by increasing the stock of affordable housing and prioritizing homeownership.
NAR appreciates the opportunity to provide input and look forward to continuing to work together on these important issues. If you have any questions, please contact me or NAR Senior Policy Representative, Ken Fears, at 202-383-1066 or KFears@REALTORS.org.