The J. Ronald Terwilliger Foundation for Housing America’s Families will lead the Housing America’s Families Forum at the Detroit Marriott at the Renaissance Center on Nov. 15. The forum will address the adoption of more financial opportunities to provide affordable homes for American families.
Various speakers will examine the housing issues at stake including Dr. Ben Carson, secretary of the U.S Department of Housing and Urban Development (HUD), former HUD Secretary Henry Cisneros, and Rip Rapson, president and CEO of the Kresge Foundation in Troy.
According to information from the foundation, more than 11 million renting families spend at least 50 percent of their income on housing, and that millions more are “housing cost burdened” despite record low mortgage rates.
The forum will discuss issues such as the rising demand for affordable rental homes, the future of the nation’s housing finance system, and the connection between housing and health. The speakers will breach the subject of low mortgage interest rates, student loan debt, regulatory policies, lack of affordable inventory, and high rental prices.
Additionally, the event will focus on the need for new approaches to reaching the housing needs of American people and how to help transform a sector of the economy. The forum will also address the mortgage meltdown that led to the 2008 global financial crisis.
Detroit Public Television will be partnering to televise the conference. Registration information can be found here.