The National Association of Hispanic Real Estate Professionals® (NAHREP®) advocates on behalf of its 40,000 members and Hispanic homeowners nationwide. NAHREP focuses on national and state legislative issues that are critical to its mission: to advance sustainable Hispanic homeownership.
NAHREP urges Congress to refrain from utilizing Fannie Mae and Freddie Mac (“the GSEs”) guarantee fees (“g-fees”) as a source of funding offsets in Infrastructure package
NAHREP joined a coalition of institutions that span the entire housing finance ecosystem to ask Congress to refrain from using Fannie Mae and Freddie Mac (“the GSEs”) guarantee fees (“g-fees”) as a source of funding offsets in Infrastructure package. G-fees should only be used as originally intended: as a critical risk management tool to protect against potential mortgage credit losses and to support the GSEs’ charter duties.
Given today’s housing affordability and supply constraints, lawmakers must avoid taking any steps that may exacerbate affordability challenges, which could in turn have negative consequences for the broader economy. The unintended effects of any proposed g-fee increase or extension will be to raise the cost of homeownership for all Americans, and low- to moderate-income and underserved individuals in particular.
NAHREP Supports the nomination of Julia Gordon as Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner
NAHREP joins a broad spectrum of the housing industry and community advocacy groups to strongly support the nomination of Julia Gordon as Assistant Secretary for Housing and Federal Housing Administration (FHA) Commissioner at the U.S. Department of Housing and Urban Development (HUD).
FHA plays an integral role in ensuring low- and moderate-income individuals and underserved communities have access to safe and affordable mortgage financing. Gordon has had an exemplary career in both the housing and housing finance fields and her leadership positions provide her a robust background in matters affecting the housing and mortgage industries.
NAHREP responds to the Federal Reserve’s proposed changes to the Community Reinvestment Act (CRA)
In response to the Federal Reserve’s proposed changes to the Community Reinvestment Act, NAHREP urges the Federal Reserve to strengthen the rigor of CRA exams in order to expedite a full economic recovery, particularly for those most affected by the COVID-19 pandemic. NAHREP encourages the Federal Reserve to prevent grade inflation by preserving the five subtest threshold at the state-level, require race and ethnicity data on CRA exams, and continue support for enhanced data collection, including community development financing data. NAHREP commends the rule’s focus on transparent data analysis and quantitative measures of impact on communities.
How do you measure up?
For the first time, NAHREP added a ranking of Congressional districts by Hispanic homeownership rate to the State of Hispanic Homeownership! As a constituent and housing professional, you should know how your district and elected officials are performing.
NAC Blog: Immigration and investment properties, good news and a nail-biter
T-minus 13 days until NAHREP at L’ATTITUDE! For those of you who have attended the NAHREP at L’ATTITUDE conference in San Diego before but have never left downtown, please make it a point to go to our beaches! They are truly some of the greatest gems we have in the country and given everything we have all been through these past two years, lost loved ones, life turned upside down, we all need some TLC. I recommend going to Coronado to check out the gold specks in the sand and then get a drink at the Tiki Bar by the Hotel Del Coronado. Or, walk around the La Jolla Cove and sit on one of the cliffs overlooking the ocean, hike Torrey Pines, or the Ho Chi Minh Trail.
NAC Blog: White House announcement on housing supply
It’s not too often that we have a week of good news when it comes to our housing inventory shortage. For a long time it felt like we were budding up against a brick wall and nothing was moving. It looks like something is finally beginning to move. Last week, I highlighted some of the zoning changes that came out of California, this week, I’m breaking down a big announcement that came out of the White House.
NAC Blog: Major housing supply bills pass in California
Bienvenidos a Septiembre, Labor Day, Hispanic Heritage Month, and of course: NAHREP at L’ATTITUDE. I hope you are getting excited, because I certainly am! If you haven’t registered yet for NAHREP at L’ATTITIDE, you can do so here. In other news, we had some big housing inventory victories in California! For the past two years, the NAHREP California Delegation has been working very hard to pass several state-wide housing bills that would address the housing inventory shortage. We organized, we met with legislators, we made phone calls, we wrote letters and op-eds, we met with more legislators, and guess what… We did it!
As a powerful force in housing policy and market leadership, NAHREP works closely with many bodies including the executive and legislative branches. Keep up-to-date with what we’re speaking out on in our “New Administration Watch”.