We wanted to ensure you saw this quarter's Affordable Housing Partner Spotlight featuring Chrissi Rhea, President/CEO of the Mortgage Investors Group (MIG) in the MBA NewsLink.
NewsLink: What role does MBA play in supporting affordable, equitable and sustainable housing?
Rhea: Without the MBA I do think we would have far fewer agency affordable housing products that are so needed in today's environment. Another huge initiative of MBA is CONVERGENCE now located in three cities in the U.S.
CONVERGENCE is focused on increasing minority homeownership and housing needs in Memphis, Columbus and Philadelphia. I see this great affordable housing initiative spreading to other cities across the nation. The "architect" of CONVERGENCE, MBA's Steve O'Connor, also works closely with consumers, civil rights and affordable housing stakeholders across the U.S.
Steve then hears firsthand what the challenges are in this sector and then presents these needs to the MBA leadership.
The MBA leadership and staff spend a great deal of time educating the agencies and FHFA Director about these dire needs in our communities across the nation. This process has been the backbone of many affordable housing initiatives we know today," said Chrissi Rhea.
MBA Affordable Housing Partner Spotlight: Chrissi Rhea of Mortgage Investment Group - MBA Newslink
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Katelynn Harris Walker
Associate Director | Affordable Housing Initiatives
Mortgage Bankers Association
(910) 228-1746
khwalker@mba.org------------------------------