Comment Detail
Date: 07/25/24 First Name: Glenn Last Name: Davis Email: gdavis@liberty-bank.com Organization Type: fhlbank Organization: Liberty Bank Comment
I think the AHP is a wonderful and impactful initiative for the creation of affordable rental housing. I would like to see the homeownership component expanded to encourage the development of more affordable home ownership units, which more directly impacts wealth creation among BIPOC individuals and would further stabilize marginalized communities. I could envision also allowing for-profit developers to participate in this component of the AHP and perhaps making the for-profit scoring matrix a function of minimizing the for-profits profit margin.
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