NAC Blog: Immigrants as essential workers. What did the CARES Act offer them?

NAC

In the midst of having a case of cabin fever this week, I decided to take a drive through the agricultural fields of Chino, California. The fields were lined with farm workers hard at work picking fruits and vegetables for our consumption, individuals who are undoubtedly essential through this pandemic. It’s easy to take the food we eat for granted. It’s also easy to forget that the people who do the back-breaking work of producing our food supply are often undocumented.

NAC Blog: More funding for PPP

NAC

I’ve been thinking a lot about the NAHREP 10 disciplines. Of course, the one that pops out right now for me in neon lights is the ominous: Live below your means and be ready for the next recession because downturns are a regular part of our economic cycles. Regardless of whether we heeded that advice and saved for a rainy day, the most important thing right now is #mindset. At NAHREP, we stay positive, we push forward, we think ahead, and we innovate.

NAHREP urges reevaluation of proposed reform to the Community Reinvestment Act regulatory framework

Policy Actions

NAHREP submitted a letter on April 8, 2020 urging the Office of the Comptroller of the Currency (OCC) and the Federal Deposit Insurance Corporation (FDIC) to rethink some of the proposed changes to the Community Reinvestment Act (CRA). NAHREP believes that the current proposal would result in significantly fewer loans, investments and services to Latino communities. While some of the changes are positive, the proposed rule, as it stands today could jeopardize investments made to communities with high Latino populations, reduce access to credit for credit worthy families, and ultimately hamper economic activity within the housing market at a time when it is most urgently needed.