NAC Blog: 2020 Presidential Campaign: Housing Part 2

The Republican National Convention is happening this week and, as promised, we’re going to cover what the Trump Administration has meant for housing and homeownership. While it is not the same to compare a plan, something that we have no clue will actually get enacted, to actual actions taken by a particular administration, it is still important to understand the different philosophies and priorities of the candidates for President we have before us.

NAC Blog: 2020 Presidential Campaign: Housing Part 1

Let’s get right to the point, the national conventions have officially started. In an effort to put our mission before politics, let’s have some real talk about what our choices for president might mean for housing and homeownership. In the midst of the Democratic National Convention, we’re releasing a summary of the Biden Housing Plan. This is the first of a two-part series. The second will be released during the Republican National Convention where we’ll summarize President Trump’s housing agenda so far.

NAHREP issues joint statement urging FHFA to reverse directive on GSEs’ Adverse Market Fee

NAHREP joins a broad coalition of organizations representing the housing, financial services industries as well as consumer groups in issuing a joint statement urging an immediate reversal of the Government Sponsored Enterprises’ announcement requiring an additional 50 basis point increase on all GSE-backed refinances effective September 1. Not only does this announcement conflict with the Administration’s recent executive actions urging federal agencies to take all measures within their authority to support struggling homeowners, but the additional fee will be particularly harmful for low- and moderate-income homeowners, first time homeowners and borrowers of color. Now is not the time.

NAC Blog: A Latino Agenda is an American Agenda

Brace yourselves: this election is going to be intense. So far this year we’ve had a global pandemic, a record-setting economic crisis, and a racial reckoning after the killing of George Floyd, creating one of the longest periods of unrest in our nation’s history. Everything is being politicized: from reopening schools to wearing a mask in public. Add to all of this a presidential campaign that is now in full swing and everything is about to get un poco loco. Now more than ever we have to be analytical of the information we consume, be reflective and be united around a common agenda.

NAC Blog: Community Reinvestment Act, an interview with Josh Silver from NCRC

¿Cómo andamos? Before we get into this week’s policy discussion, I want to take a moment to recognize a very exciting thing that happened recently. Last week, the U.S. House of Representatives voted to approve the establishment of a National Museum of the American Latino. I had the privilege of working on a bill that explored this possibility back in 2005 with then Congressman Xavier Becerra. It has been a long time coming, and today we are one step closer that museum being a reality.

Reason for Hope

In times like these, economists and politicians often claim that despite the precarious circumstances, “The fundamentals of our economy are strong.” This statement is true, and a key reason why is because of Latino homebuyers and workers.

NAC Blog: Small Landlord Survey Results!

Over the last week, the NAC Regionals and I have sent text messages, emails and Facebook posts urging our NAC (that’s you!) to participate in our current Call to Action campaigns. You might have seen the call your U.S. Representative campaign about credit overlays, or the email your U.S. Senator campaign, asking them to include our priorities in the next stimulus package.