ADVISORY/ Successful Solutions to Bay Area Housing Crisis to Highlight National Affordable Housing Conference, October 5-6 in San Francisco.

Assignment/News Writers

ADVISORY...for Thursday - Friday (Oct. 5-6)

--(BUSINESS WIRE)

Bay Area housing, business and government leaders will relate their successful experiences in developing innovative solutions to San Francisco and Silicon Valley's affordable housing crisis at a conference of the National Association of Affordable Housing Lenders (NAAHL) for banks and other practitioners in affordable housing and community reinvestment.

The conference, "DOM-COM Affordable Housing & CRA 2 K," will be held October 5-6 at the Fairmont Hotel in San Francisco. A number of banking regulators also will be participating in the conference, which will examine the future of community reinvestment, new equity vehicles for tapping the capital markets, and prospective new tax incentives for investment in low-income neighborhoods.

Bay Area participants:

-- Daryl Higashi, City of San Francisco

-- Carol Galante, Bridge Housing Corporation

-- Lee Wieder, Housing Action Coalition of Silicon Valley

-- Roy Schreyer, City of Oakland

-- Mario Sanchez, City of San Jose

Banking Regulators and other Federal Officials:

-- Ellen Seidman, Director, Office of Thrift Supervision

-- Jadine Nielsen, Deputy to the Chairman, Federal Deposit

Insurance Corporation and a San Francisco native former Deputy

Mayor of Los Angeles

-- Norman B. Rice, President, Federal Home Loan Bank of Seattle

and former mayor of Seattle

-- Joy Hoffman Molloy, Federal Reserve Bank of San Francisco

-- Cliff Kellog, White House National Economic Council

NAAHL is the only national association devoted to supporting those who invest in private capital for low- and moderate-income communities. NAAHL represents more than 200 organizations, including more than 80 regulated financial institutions, and 800 individuals as members.