Tag: CNHED

Amend B20-604, “Affordable Homeownership Preservation and Equity Accumulation Amendment Act of 2013”

The “Affordable Homeownership Preservation and Equity Accumulation Amendment Act of 2013,” Council Bill 20-604, over time could reduce the amount of resources available for future housing needs by shrinking how much of the public’s investment in affordable housing is preserved. While the bill currently proposed would make several changes that would exclude many current affordable homeownership organization’s efforts, amendments to reverse these proposed changes have been agreed to by the key supporters of the bill with the Coalition for Non-Profit Housing and Economic Development (CNHED).