MBA Releases Updated Affordable Housing Policy Agenda

The Mortgage Bankers Association released the second iteration of its Affordable Housing Policy Agenda.

The Policy Agenda includes policy reforms that improve market incentives, remove friction or barriers and reduce costs for low- to moderate income families, defined as households making 80% or less of Area Median Income. These reforms can be implemented by regulatory and/or legislative action at the federal, state and local levels.

The first Policy Agenda was published in 2020 and was followed by a COVID-19 addendum in the wake of the pandemic.

“There are no quick fixes, and the challenges are beyond the resources of any single organization, but by working constructively and focusing on the right objectives, we can make a difference in helping renters, aspiring homebuyers, current homeowners and our members in the communities in which they live and work,” said Matt Rocco, MBA 2023 Chairman, and President of Colliers Mortgage. “The first Policy Agenda was published in 2020 and was followed by a COVID-19 addendum in the wake of the pandemic. The Agenda captures ways in which public policy can advance solutions to affordable housing.”

The Policy Agenda aims to identify policies that can help promote housing affordability across a wide range of incomes for both rental housing and homeownership. By leveraging the expertise of the real estate finance industry, as well as the unique perspectives of members that provide private capital to support housing finance, MBA can contribute to actionable, workable solutions.

Additionally, MBA’s policy and lobbying teams are actively supporting and advancing legislation designed to improve, expand and create programs that increase affordable housing supply and benefit individual renters, homeowners and buyers.

More information can be found at the MBA Affordable Housing Initiative web page.