Washington, DC — As the federal government faces a possible shutdown, local community organizations will gather in Washington, DC to call for renewed efforts to prevent foreclosures, create jobs and stabilize communities, building on model programs and efforts at the local level. Joined by its state-based member organizations, the National Community Reinvestment Coalition (NCRC) hosts its annual conference, “National Challenges, Local Solutions: Rebuilding Homes, Lives and Communities,” next week, April 13-16. Discussion topics will include: financial reform, housing finance reform, foreclosure prevention, neighborhood stabilization and job creation.
“We’re not waiting for the body of Congress to show leadership,” said John Taylor, president & CEO of NCRC. “We’ve waited too long for common sense solutions to prevent foreclosures and to create jobs in this country. While Congress seems bent on proving that it is a dysfunctional body, at the local level, community organizations and local governments are working together to craft solutions to the problems they face. But at every turn these efforts have been stymied by a political system that seems to be concerned with blue collar Americans last. Our members are coming to Washington fired up; we’re ready to tell our elected leaders that it is now time to follow our lead.”
The 2011 Annual Conference will be held at the Washington Court Hotel in Washington, DC. Conference headliners include: Sheila Bair, Chairman, U.S. Federal Deposit Insurance Corporation (FDIC); Senator Jon Tester, Chair of the Economic Policy Subcommittee of the Senate Banking Committee; Senator Jeff Merkley, Senate Banking Committee; Senator Al Franken, Senate Judiciary Committee; Richard Cordray, Assistant Director for Enforcement at the Consumer Financial Protection Bureau (CFPB); Thomas Perez, Assistant Attorney General of Civil Rights, U.S. Department of Justice; Congressman Keith Ellison, co-chair, Progressive Caucus; and Congressman Emanuel Cleaver (MO), Chair of the Congressional Black Caucus.
This conference is open to the press. For more information about covering this event, please contact Jesse Van Tol at 202-464-2709 or jvantol@ncrc.org
What: National Community Reinvestment Coalition’s 2011 Annual Conference, “National Challenges, Local Solutions: Rebuilding Homes, Lives and Communities.“
Featured session:
Friday, April 15. 10:30am-12:00pm Location: Atrium Ballroom
The State of Mortgage Finance in America
With no end in sight to the foreclosure crisis that has destroyed trillions of dollars in wealth across America, federal housing policy is moving in the direction of significantly constraining mortgage credit. The proposed pullback of government guarantees, as well as higher down payment requirements built into proposals for Fannie Mae, Freddie Mac and the Qualified Residential Mortgage, will reduce the number of Americans able to own a home. What does the American public need to know about these proposals? What effect will the constriction of available of mortgage credit have on current and future homeowners, as well as property values, local tax bases, economic growth and family and generational wealth?
Moderated by: John Taylor, President and CEO, NCRC
Featured Speaker: Gene Sperling, Chairman, National Economic Council (invited)
Participants: Stella Adams, North Carolina NAACP; Mark Calabria, Director, Financial Regulation, the Cato Institute; Bill Emerson, CEO, Quicken Loans; Mark Goldhaber, Senior Vice President, Genworth Financial; Irvin Henderson, National Trust for Historic Preservation; Marc H. Morial, President, National Urban League; Hubert Van Tol, Director of Economic Justice, PathStone; Mark Zandi, Chief Economist, Moody’s Economy.com.
Other highlights:
Wednesday, April 13
12:00pm: Senator Jeff Merkley, Senate Banking Committee. Welcoming Luncheon: Location: Ballroom
7:00pm: Senator Jon Tester, Chair of the Economic Policy Subcommittee of the Senate Banking Committee. Chairman’s Reception. Location: Ballroom
Thursday, April 14
8:00am: Sheila Bair, Chairman, U.S. Federal Deposit Insurance Corporation (FDIC). Breakfast plenary: Location: Ballroom
4:00pm: Richard Cordray, Assistant Director for Enforcement at the Consumer Financial Protection Bureau (CFPB). Consumer Financial Protection Bureau Update and Regulatory Reform Briefing. Location: Springwood
1:30pm: Congressman Emanuel Cleaver (MO), Chair of the Congressional Black Caucus. National Challenges, Local Solutions: New Hope for Distressed Communities: Location: Ballroom
3:00pm: Mark Ayers, President, Building Trades Department; and Robert Peck, Commissioner Public Buildings Service, General Services Administration. New Alliances: Breaking Down Barriers to Create Opportunity for Underserved Communities. Location: Ballroom
12:30pm: Thomas Perez, Assistant Attorney General of Civil Rights, U.S. Department of Justice. Luncheon keynote: Location: Ballroom
Where: Washington Court Hotel ? 525 New Jersey Avenue, NW ? Washington DC 20001
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