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Event: The Foreclosure Crisis and the Impact on Our Community

October 28, 2009

Leadership Greater Washington, the Nonprofit Roundtable of Greater Washington, Metropolitan Washington Council of Governments and the Urban Institute co-hosted an event to discuss the foreclosure crisis and its impact in the greater Washington D.C. region.  As part of the event, the Urban Institute released its seventh in a series of annual reports, Housing in the Nation’s Capital.  This year’s report focused on the foreclosure crisis and examined the level and trends of foreclosures and outlined potential secondary effects for families and neighborhoods.  After a review of the findings from Housing in the Nation’s Capital by Kathy Pettit, Marian Siegel, executive director of Housing Counseling Services, Inc. and Idriys Abdullah, consumer protection advocate at the D.C. Department of Insurance, Securities and Banking, provided comments about the report and their views on the policy implications of the crisis. The afternoon featured a panel who discussed which policies were working and what more needed to be done to address the crisis in the Washington D.C. region. Speakers included Leila Finucane Edmonds, director of the D.C. Department of Housing and Community Development, Elijah Johnson, director of Housing and Community Development in Prince William County, Craig Pascal, senior vice president and territory manager at PNC Bank, and Chad Williams, executive director for the Coalition for Homeownership Preservation in Prince George’s County. Rosie Allen Herring closed the event with a challenge to all attendees to keep working hard and building coalitions to help relieve the impact of the crisis.

I. Breakfast & Networking

 

 

II. Welcome
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Chuck Bean (’05)
Executive Director
The Nonprofit Roundtable

Tim Kime (’98)
President & CEO
Leadership Greater Washington

 

III. Overview of Program
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Dave Robertson (’02)
Executive Director
The Metropolitan Washington Council of Governments

 

IV. Statement of the Problem/Issues & Policy Implications
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Kathy Pettit
Senior Research Associate
Metropolitan Housing and Communities Policy Center
The Urban Institute                                                                

Marian Siegel
Executive Director
Housing Counseling Services

Idriys J. Abdullah
Consumer Protection Advocate
D.C. Department of Insurance, Securities and Banking

 

V. Lunch

 

 
VI. Panel Discussion: What is working/What is not/What
more is needed
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Moderator
Dave Robertson (’02)

Panelists
Leila Finucane Edmonds
Director
DC Department of Housing & Community Development

Elijah H. Johnson
Housing & Community Development Director
Prince William County

M. Craig Pascal (’07)
Senior Vice President & Territory Manager
PNC Bank

Chad Williams
Executive Director
Coalition for Homeownership Preservation in Prince George’s County

 

VII. Next Steps
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Rosie Allen Herring (’02)                   
Dir., Office of Community and Charitable Giving
Fannie Mae Corporation

Next Meeting
Wednesday, December 2, 2009
9:30 AM – 2:30 PM

Leadership Greater Washington
1727 I Street, NW
Washington, DC 20006

 
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