Federal Policy Summit: Housing Economic Stimulus

Federal Policy Summit: Housing Economic Stimulus

A $90-200 billion economic stimulus bill is about to be introduced in Congress!

Please join California housing authorities, tenant advocates, nonprofit, and local government housing leaders to develop a package of affordable housing related measures that help the economy through investing in affordable rental homes for low income people. We will also look ahead at potential legislative priorities for the 11th Congress.

This discussion will convene immediately following the PSWRC-NAHRO Annual Fall Conference in San Francisco at the Hotel Monaco on November 18.

Tentative Agenda
11:30 Welcome, Purpose and Agenda Review
11:45 Briefing on latest news from D.C. over lunch

12:30 Stimulus Bill Proposals (sample proposals below)

  • $5 billion more for public housing capital
  • $3 billion in HOME, CDBG and/or 202/811 funding
  • Low income Housing Tax Credit: Make it refundable and allow investors to carry forward income from prior years
  • $200 million in assistance to renters in foreclosed properties
  • Temporary moratorium on foreclosures
  • Changes to bankruptcy law to allow renegotiation of mortgage terms
  • Other proposals from Federal Policy Summit participants

13:45 Break
14:00 Legislative Priorities for 2009  (Appropriations priorities for FY 2010 would be discussed in January)
15:00 Congressional Education Strategy & Next Steps
15:45 Adjourn

FPP Partners:

California Housing Authority Association (CHAA)
California Coalition for Rural Housing (CCRH)
Housing Authority Association of Southern California (HAASC)
NAHRO Northern and Southern California Chapters
NonProfit Housing Association of Northern California (NPH)
Northern California Nevada Executive Directors’ Association
San Diego Housing Federation
Southern California Association of Nonprofit Housing (SCANPH)

Name Sales End Price
General   Ended $35

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