SAN DIEGO—Robert Broeksmit, president and CEO of MBA began the opening general session at MBA CREF24 conference Monday morning by talking about the importance of moving affordable housing into high gear. He also said that “we need congress to expand the low income housing tax credit.” Another point he made in his opening speech was that zoning and permitting reform are the real answer to affordable housing.

Next up was Mike Fratantoni, Chief Economist and Senior Vice President of Research and Industry Technology, Mortgage Bankers Association, along with economic advisor Mohamed El-Erian, president, Queens College, Cambridge; Chief Economic Advisor, Allianz; Former CEO and Co-Chief Investment Officer, PIMCO, who brought fresh perspectives to the challenges that central bankers face.


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