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Can We Bank on Financial Institutions to Create Affordable Housing?
Brick by Brick
It’s getting increasingly harder to find an affordable place to live. Sky- high rents, fluctuating mortgage rates, expensive home prices and a shortage of housing are all contributing factors. Every year there are incentives for banks to create affordable housing. How much are they doing and is it making a difference?
Interview guests: Damon Allen, senior vice president Federal Home Loan Bank-Cincinnati; Susan Thomas, President Fifth Third Bank Community Development Corporation and co-chair National Housing Crisis Task Force, Roddell McCullough, chief corporate responsibility officer First Financial Bank; Kenya Taylor, vice president community manager Chase Bank; Elisabeth Risch, executive director Housing Opportunities Made Equal (HOME)
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