With the Federal Home Loan Bank (FHLB) System approaching their centennial, the Federal Housing Finance Agency (FHFA) has been reviewing the FHLB System “to ensure they remain positioned to meet the needs of today and tomorrow.” As a CDFI member of the FHLB of Chicago, Cinnaire participated in an FHFA roundtable and submitted comments in March, …
This edition of Policy Pulse is focused on helping you understand the current state of play at the federal and state levels, including what new bill introductions and budget discussions will mean for Cinnaire’s work and the communities we serve. Click here to see Cinnaire’s April 2023 Policy Pulse enewsletter – https://conta.cc/3KcO8qF
Chris Neary, Cinnaire’s Senior Vice President for Policy, Research, and Advocacy, provides an update on the Inflation Reduction Act, CRA Reform, Federal Policy Items on Our Radar and more in the latest issue of Policy Pulse. Click here to see the August 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3A74D2z
The Community Reinvestment Act (CRA) remains a driving force behind private sector investment in underserved communities, including Cinnaire’s work to raise capital through equity investments and lending. The CRA has fundamentally been successful at increasing the level of bank activity that serves low- to moderate-income (LMI) communities and has been essential to the success of …
Chris Neary, Cinnaire’s Senior Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better plan, an omnibus signed into law and potential reform to the CRA in the latest issue of Policy Pulse. Click here to see the March 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3IFJJJQ
Chris Neary, Cinnaire’s Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better Plan, the Community Reinvestment Act, and the busy agenda at the FHFA in the latest issue of Policy Pulse. Click here to see the January 2022 edition of Cinnaire’s Policy Pulse https://conta.cc/3tveuxd
Far too many veterans in the United States struggle to find an affordable place to call home. More than 37,000 veterans are homeless. At Cinnaire, we are committed to creating safe, affordable places to call home for all who have served our country. But we cannot solve this problem alone. The federal Low Income Housing …
Meeting the Urgent Need for Safe and Affordable Housing for Our Heroes Read More »
Recently, the Federal Housing Finance Agency (FHFA) announced that it would be requiring Fannie Mae and Freddie Mac to prepare Equitable Housing Finance Plans to advance equity in housing finance. In September, the FHFA issued a Request for Input on these plans, including its intention to require Fannie and Freddie to take actions within their power to …
Cinnaire Comments on New Equitable Housing Plans for Fannie Mae and Freddie Mac Read More »
Chris Neary, Cinnaire’s Vice President for Policy, Research and Advocacy, provides an update on the Build Back Better Plan, steps the Biden Administration is taking to increase affordable housing supply, the Charles Edson Awards and more in the latest issue of Policy Pulse.
The New Markets Tax Credit (NMTC) has proven to be a successful public-private partnership with broad bipartisan support to bring impactful investments to communities that need it most. Today, we’re sharing the story of Mott Community College’s (MCC) Culinary Arts Institute in Flint. Through creative local partnerships and a NMTC investment provided by Cinnaire, MCC was able …
NMTC Brings Investment to Low-Income Communities – Let’s Make this Tool Permanent Read More »
In the City of Wilmington, the challenges posed by systemic racism are nothing new. Wilmington’s neighborhoods have been particularly harmed by the legacy of racist policies that have fueled segregation and a vicious cycle of disinvestment, leading to the devaluation of assets and a large number of vacant properties that contribute to crime and instability …
On April 15th, a bipartisan group of Members of Congress introduced the Affordable Housing Credit Improvement Act (AHCIA). This legislation (H.R. 2573 / S. 1136) would expand and strengthen the Low-Income Housing Tax Credit (Housing Credit), providing as many as 2,015,000 additional affordable homes over the next decade. It would also support nearly 3 million jobs and generate …
Affordable Housing Credit Improvement Act Introduced in Congress Read More »
