May 18, 2012

White House, HUD and Treasury Host Maryland Forum on Housing

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The White House, U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of the Treasury hosted a Maryland White House Forum on Housing yesterday to discuss programs and initiatives promoted by the Obama Administration that help responsible homeowners and struggling communities hit hardest by the housing crisis.

The White House Housing Forum convened Maryland officials, regional and local leaders, housing and development alliances, and community advocates in the Eisenhower Executive Office Building yesterday afternoon for the discussion.

Participating groups included: representatives from the Office of Congresswoman Donna Edwards; the City of Bowie; Coalition for Homeownership Preservation in Prince George’s County; Affordable Housing Conference of Montgomery County; Latino Economic Development Corp; Maryland Department of Housing and Community Development (DHCD); Montgomery County Department of Housing and Community Affairs (DHCA); National Association for the Advancement of Colored People (NAACP) – Maryland State Conference; National Community Reinvestment Coalition (NCRC); Service Employees International Union (SEIU) – Baltimore Hospital and Health System; and Women’s Council of REALTORS, among others.

On March 23, U.S. Housing and Urban Development Secretary Shaun Donovan joined Maryland Attorney General Douglas F. Gansler for a similar informal roundtable discussion of the $25 billion National Mortgage Servicing Settlement with housing advocates, and state and local government officials at Prince George’s Community College in Largo, Md. Under the $25 billion national agreement, Maryland will receive nearly one billion in benefits and assistance for distressed homeowners who paid their mortgage to one of the five participating mortgage servicers.

The March exchange centered on the needs of affected homeowners and the most effective ways to assist those impacted by the housing crisis, regardless of whether their mortgages were serviced by the five banks who are parties to the settlement and yesterday’s Maryland White House Housing Forum served as an extension of that discussion.

For more information about the Maryland White House Forum on Housing, visit our HUD.gov Maryland State Information page. For regular updates, visit HUD on Facebook or via Twitter @HUDNews.

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