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Stewardship of Nonpartisan Housing Finance Coalition to Transition to National Association of Affordable Housing Lenders 

By Kristina McGeehan

The Lincoln Institute of Land Policy and the National Association of Affordable Housing Lenders (NAAHL) are excited to announce that NAAHL will become the new convener of the Underserved Mortgage Markets Coalition (UMMC). Hosted by the Lincoln Institute of Land Policy since its founding in 2021, UMMC has led efforts to ensure that government-sponsored enterprises (GSEs) are serving affordable housing needs. 

“UMMC has brought together the leading national voices representing underserved homeowners and renters to ensure that the GSEs are meeting their charge to serve all families and communities,” said George W. McCarthy, president and CEO of the Lincoln Institute of Land Policy. “Under the Lincoln Institute’s stewardship, UMMC has become a hub for developing policies and programs to ensure our housing finance system helps to create and preserve affordable housing, including housing in rural communities, manufactured housing, and rental housing everywhere.” 

“We face a national affordable housing crisis for renters and homeowners, and UMMC will have an increasingly important role to play as policymakers rethink our housing finance system,” said Sarah Brundage, president and CEO of NAAHL. “Under NAAHL’s stewardship, UMMC will continue to serve as the leading nonpartisan coalition, grounded in mission-driven policy and practitioner expertise, engaging policymakers and industry partners on the critical role that Fannie Mae and Freddie Mac play in creating housing finance opportunities for American families, especially those not traditionally served by the private market.” 

UMMC consists of 41 leading US affordable housing organizations. For questions about UMMC, please contact mcheney@naahl.org 

About the National Association of Affordable Housing Lenders 

Founded in 1990, NAAHL is the national alliance of the leading investors and lenders in affordable housing and community development – bringing together banks, CDFIs, and other public, private, and nonprofit lenders. NAAHL’s mission is to expand economic opportunity through innovative financing and policymaking for affordable housing and community development. NAAHL’s member network uniquely represents the public-private partnership that makes possible affordable housing and community development financing in America.