Welcome to MBA Education’s CONVERGENCE: The 2022 Legislative Outlook for Affordable Housing. A recording of the webinar will be sent later today. If you have issues with listening through your computer, please dial into the Zoom number provided. Thank you for joining us and enjoy today’s session!

Wow, David... i think we need to spread the word of your org

Thanks Ida. www.nhc.org

Inventory

But what happens when they DO have the investment, there just isn't equity opportunities available

I agree with Ida... I'm very concerned about the lack of affordable housing inventory. All the DPA in the world won't help inventory or affordability of the available homes.

Well said, sir

NO. I'm Ohio]

is there any legislative solution to the problem of cash investors outbidding first time homebuyers? When buyers need a mortgage with a low DP, they can't compete.

But it

Well stated Ida.

They are not syntomic

Is there a way to create incentives for sellers to accept owner/occupied offers or 1st time home buyers over investors.

Eliminating loan level pricing would help increase black home ownership.

exactly

Down payment on the down payment. I like that!

ya ,

Ya... stop

yass

Knock Mortgage has a cash-backed offer program for guaranteed funds up front that sound a lot like what David suggested. However, my assumption is these are hard to credit qualify for compared with where a lot of first time homebuyers are. I absolutely agree with Lisa on protecting consumers over investors on rental properties

What is the most innovative solution you have seen or heard of to impact affordable housing?

I agree

VERY WELL SAID

Thanks to all this was GREAT information!

Thank you all

Thank you - this was awesome

Thank you!

Thank you Lisa, Megan, and David. Great conversation!

Great information! Thank you!

BRAVO everyone. Great forum.

great INFORMATION IIM WAITING ON THE ACTION PLANS