Senators Reed, Carper, and Rep. Tiberi to Address Affordable Housing Legislation, Issues at NAAHL's Legislative Conference On Affordable Housing and Community Development.

Business Editors

WASHINGTON--(BUSINESS WIRE)--Feb. 10, 2004

Conference Runs February 11-12 at Capital Hilton Hotel in Washington, DC

Senator Jack Reed (D-RI) ranking member of the Subcommittee on Housing and Transportation of the Senate Committee on Banking, Housing and Urban Affairs, Senator Tom Carper (D-DE), also a member of the Senate Banking Committee, and Rep. Pat Tiberi (R-OH), House Financial Services Committee, will address affordable housing legislation at the annual legislative conference of the National Association of Affordable Housing Lenders (NAAHL), February 11-12, 2004, at the Capital Hilton Hotel (South American Room A and B). Members of the media are invited to attend.

Other participants:

-- Michael Liu, Assistant Secretary, U.S. Department of Housing

and Urban Development, on proposed "sweeping reforms" to the

Section 8 Housing Choice Voucher Program and other proposed

changes to housing programs in the Administration's FY05

budget

-- Thomas Curry, Director, FDIC, on proposed risk-based capital

rules and their impact on CRA

-- Glen Loney, Federal Reserve Board, and Robert Mooney, FDIC, on

proposed CRA rule changes

-- Glenn Canner, Federal Reserve Board, on changes to the Home

Mortgage Disclosure Act (HMDA) and their impact on predatory

lending

Please call Ross Kleinman, NAAHL, [phone], to confirm.

The National Association of Affordable Housing Lenders (NAAHL) represents America's leaders in moving private capital to those in need. NAAHL encompasses 171 organizations committed to increasing private lending and investing in low- and moderate-income communities. Members are the "who's who" of private sector lenders and investors in affordable housing and community economic development: banks, thrifts, insurance companies, community development corporations, mortgage companies, loan consortia, financial intermediaries, pension funds, foundations, local and national nonprofits, and public agencies.

                  NAAHL's 2004 WASHINGTON, DC MEETING
 "Where's the Revolution? Winning for Communities in an Election Year"

WEDNESDAY, FEBRUARY 11, 2004
Capital Hilton South American A and B Room

8:00 A.M.  Registration/Continental Breakfast

           Underwritten by Deutsche Bank

8:45 A.M.  Welcome & Introduction

           Judy Kennedy, President, NAAHL

9:00 A.M.  Where's the Revolution?

           Celinda Lake, Lake Snell Perry & Associates, Inc.
           Introduced by Fe' Morales Marks, Fannie Mae

10:00 A.M. COFFEE BREAK

10:15 A.M. The Federal Budget Game Show

           Stanley E. Collender, Financial Dynamics

11:15 A.M. Tax Credits: Opportunities with the Community Homeownership
           Credit and New Legislation on Multifamily

           Joseph Flatley,
           Massachusetts Housing Investment Corporation
           Benson Roberts, Local Initiatives Support Corporation
           David Smith, Recapitalization Advisors, Inc.
           Moderator: Judy Kennedy,
           National Association of Affordable Housing Lenders

12:30 P.M. LUNCHEON

           Underwritten by
           The Richman Group Affordable Housing Corporation

1:15 P.M.  View From Capitol Hill: Senator Jack Reed (D-RI)

           Address:

           Thomas Curry, Director,
           Federal Deposit Insurance Corporation
           Introduced by Robin Coffey, Harris Bank

2:00 P.M.  Double Your Memory in 75 Minutes

           Memory Expert Ron Rosenberg, QualityTalk

3:15 P.M.  Making States and National Trust Funds Happen:
           The Ohio Model

           William Faith,
           Coalition on Homelessness and Housing in Ohio
           Moderator: Hal Keller, Ohio Capital Corporation For Housing

4:00 P.M.  BREAK

4:15 P.M.  Private Capital Comes to Public Housing:
           Winners, Losers, Deal and Policy Challenges

           David Leopold, Bank of America
           Michael Liu,
           U.S. Department of Housing and Urban Development
           Scott Olson, House Financial Services Committee
           Saul Ramirez,
           National Association of Housing and Redevelopment Officials

5:00 P.M.  Views From Capitol Hill: Senator Tom Carper (D-DE)

5:30 P.M.- NETWORKING RECEPTION,
7:00 P.M.  Pan American Room, Capital Hilton Hotel

           Sponsored by Household/HSBC Bank USA


THURSDAY, FEBRUARY 12, 2004

8:00 A.M.  Breakfast

8:30 A.M.  Solutions to Predatory Lending:
           The Home Mortgage Disclosure Act (HMDA) Goes Public

           Glenn Canner, Federal Reserve Board
           Balvinder Sangha, Ernst & Young
           Moderator: Gary Washington, LaSalle Bank Corporation

9:30 A.M.  View From Capitol Hill:
           Representative Patrick Tiberi (R-OH)

10:00 P.M. The Future of CRA: New Regulations, New Alliances,
           New Banks, New Opportunities

           Kristin Faust, The Enterprise Foundation
           Allen Fishbein, Consumer Federation of America
           Glenn Loney, Federal Reserve Board
           Robert Mooney, Federal Deposit Insurance Corporation
           Vickie Tassan, Bank of America
           Moderator: Dorothy Broadman, Capital One

11:30 A.M. Conclusion