Stockton Williams is Executive Director of the National Council of State Housing Agencies. NCSHA’s state housing finance agency members have delivered nearly $500 billion in financing to make possible the purchase, development, and rehabilitation of more than 7 million affordable homes for low- and moderate-income households. He feels there will be a rise in delinquency and defaults in the housing sector and a stress in the viability of the existing affordable housing stock. He stresses the need for innovation in housing.
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