The Texas Bankers Association has a full plate of items to consider during its conferences. These can include mortgages, business loans, interest rates, working with government agencies and so forth. Was the Dallas Housing Authority discussed at the Texas Bankers Association’s Annual Strategic Opportunities Conference in November 2016?
Financial Innovations Shine
Local bankers can provide services that no one else can. It is similar to the concept of American Federalism. The reason why the United States of America has 50 states is because each state’s environment, economy and history is slightly different. Local leaders can better handle local problems.
That is one of the reasons why the Texas Bankers Association was founded. The Texas bankers can discuss local issues at their Annual Strategic Opportunities Conference and determine the best way to respond. For example, NexBank CEO John Holt shared his views on innovation in the “Reinventing Community Banking: Perspectives on Competing by Innovation” sub-committee. All of the Texas bankers can follow the best practices, standards and strategies.
Keep the Capital Flowing
When a local community creates a healthy economy, it must continue to assess the climate in order to respond to new issues. For years, Dallas real estate was actually deemed to be affordable compared to the national average. But, with a booming energy sector, Dallas has become a very popular destination, which has raised property prices tremendously.
For some, there is a concern that affordable housing is scarce in North Texas. The Dallas Housing Authority can assist with this problem. It can identify low income individuals who may need special financing, along with low income developments.
The Dallas based NexBank is already working with local government organizations to increase housing availability. The Texas Bankers Association can create a united front and help the Dallas Housing Authority achieve its goals.