Habitat Says Lending Regulations Hinder Housing Nonprofits – Philanthropy Today - Blogs - The Chronicle of Philanthropy

Habitat Says Lending Regulations Hinder Housing Nonprofits – Philanthropy Today - Blogs - The Chronicle of Philanthropy: Frank Spencer, president of Habitat’s Charlotte, N.C., chapter, detailed the impact on his group of holding nonprofits to the “qualified mortgage” rule adopted under the 2010 Dodd-Frank Act, which aims to prevent some of the risky lending practices that contributed to the economic meltdown.