November 22nd, 2019 – VBC President Vaughan Buckley and Dana Spain, Director of Investor Relations were invited to take part in an Affordable Housing Initiative Meeting. The meeting was headed by United States Secretary of Housing and Urban Development, Ben Carson which also included members of the Presidents Regulatory Action Committee for Housing.
There where many topics ranging from OZ’s (opportunity zones) where Vaughan Buckley noted “The OZ legislation has had a massive impact, including for many people in the Richmond County, NC area.” The meeting evolved into a discussion where the Secretary thanked our company for being involved in the industry where he recognized “The many benefits of modular construction.” Vaughan was able to represent our company ideas by presenting an affordable housing presentation providing solutions to solve the crisis while also discussing the challenges of HUD financing and how they impact the ability for modular housing to be widely used.
It was a great honor being involved in a meeting with such an important opportunity to present the wonderful ideas our company has to help solve the crisis of affordable housing in America. The exposure provided by this meeting and the positive outcome from it, is a direct reflection of the hard work, and innovative ideas the VBC team accomplishes daily.