The Low Income Investment Fund (LIIF) congratulates Scott Turner on his confirmation today as U.S Secretary of the U.S. Department of Housing and Urban Development (HUD). LIIF stands ready to partner with Secretary Turner and looks forward to working with him and the Administration to increase and preserve the supply of affordable homes throughout the country.
During his Senate confirmation hearing, Secretary Turner highlighted the critical role of community development financial institutions (CDFIs) in expanding access to capital and driving economic development. LIIF applauds his commitment to working with CDFIs and looks forward to continuing collaboration on policy solutions to address our nation’s affordable housing shortage.
We encourage Secretary Turner to build on private-public partnerships — and to support the expansion of CDFI partnerships with the federal government — to increase the supply and preservation of affordable housing; promote communities of opportunity; and advance co-location strategies with housing and affordable child care that support comprehensive community-development needs.
As a national CDFI, LIIF has invested over $3.5 billion in communities. We value and lend support for sustainable investments, partnerships and solutions across the community-development sector.
LIIF stands ready to partner with Secretary Turner and looks forward to working with him and the Administration to increase and preserve the supply of affordable homes throughout the country.
LIIF Statement