Events Calendar

Welcome to the Greenlining calendar of events.  Feel free to browse our scheduled events.

Overview

The Greenlining Institute, California Community Builders, and the Federal Reserve Bank of San Francisco will hold an important convening entitled, Reviving Homeownership: Restoring Access to the American Dream for Communities of Color, on April 19, 2012 at the Federal Reserve Bank of San Francisco in Los Angeles.  Thomas Curry, FDIC Director and Presidential nominee for the Comptroller of the Currency will give the morning keynote address. Edward DeMarco, Federal Housing Finance Agency Acting Director, has agreed to be our lunchtime keynote speaker.  

We expect to gather 75-100 housing thought leaders to attend this event.  Participants will include non-profit leaders, government officials, and private sector representatives interesting in preserving homeownership for communities of color.

Reviving Homeownership

Homeownership has long been a key part of the American Dream and is still the largest wealth building mechanism for households of color, as they hold 61% of their net worth in home equity. Owning a home provides stability, security, and a long-term savings vehicle for families. Unfortunately, for communities of color and working class communities, the dream of homeownership is fading. Impending regulatory, legislative and industry changes to our housing finance system may make the dream of homeownership even harder to attain in coming years.

We know that when done right, homeownership helps families build prosperity. The purpose of this symposium is to gather experts and thought leaders to critically think of solutions for reviving the dream of homeownership. Participants will work to develop a proactive agenda, called the "Homeownership Marshall Plan," that lays out a strategy to ensure that communities of color are fundamentally apart of new and sustainable homeownership policy agenda.

Housing Symposium Program

8:00am-8:30am          Breakfast and Registration

8:30am-8:45am          Welcome: Orson Aguilar, Greenlining Institute

                                                   John Gamboa, California Community Builders

                                                   Scott Turner, Federal Reserve Bank of San
                                                   Francisco

8:45am-9:00am          Keynote: Thomas J. Curry, Chairman of the Board,
                                           Neighborworks America & Comptroller of the Currency

9:05am-10:35am        Panel One: Role of Government in Making Homeownership Accessible

The Government has long played a supportive role in homeownership. But is governments still a partner in creating pathways to homeownership? Has government given up on homeownership and moved its resources to rental policies? How can government play a stronger role in protect the dream of homeownership?

Panelists:

• Preeti Vissa, Community Reinvestment Director, The Greenlining Institute (Moderator)
• Claudia Cappio, Executive Director , California Housing Finance Agency
• Sarah Gerecke, Senior Policy Advisor , Single Family Office, U.S. Dept. of HUD
• Miriam Axel-Lute, Associate Director, National Housing Institute
• Regina Davis, President & CEO, San Francisco Housing Development Corporation
• Lisa Hasegawa, Executive Director, National CAPACD
• Carol Ornelas, Executive Director, Visionary Home Builders

10:35am- 10:55am     Break

11:00am- 12:30pm     Panel Two: Capital and Finance Innovation to Promote Homeownership

Lending intitutions are large gatekeepers of opportunity and wealth. Enhanced opportunity to capital creates greater leverage for communities to thrive. In current crisis, how can the private industry be innovative in preserving homeownership opportunities?  Where will the finance and capital come from? What should the secondary market look like? What are elements of a sustainable mortgage?  How can the community based organizations play a stronger role in advancing homeownership?

Panelists:

• Tunua Thrash, Executive Director, West Angeles Community Development Corporation (moderator)
• Brad Blackwell, Executive Vice President, Retail Sales, Wells Fargo
• Steve Zuckerman, Managing Partner, Self-Help
• Marietta Nunez, Vice President, Community Lending, Federal Home Loan Bank of San Francisco
• Doug Brien, Co-founder and Managing Director, Waypoint Homes
• Elyse D. Cherry, CEO, Boston Community Capital
• Michael Innis-Thompson, Senior Vice President, Head of Community Lending & Industry Relations Bank

12:30pm-12:45pm       Break to Pick Up Lunch

12:45pm-1:10pm         Lunchtime Keynote: Edward DeMarco, Acting Director,
                                                                    FHFA

1:10pm-3:00pm           Break Out Session: discussion in working groups (4)

• Next steps gathered from each group
• Goals/Priorities for preserving the American dream