We are the Voice for Hispanic Real Estate® and proud champions of homeownership for the burgeoning Hispanic community. As the nation’s fastest growing minority group, Hispanic are projected to account for 55.5 percent of new homeowners. Our role as trusted advisors and passionate advocates is to help more Hispanic families achieve the American Dream in a sustainable way that empowers them for generations to come.
NAHREP Policy Actions
NAHREP Submits Letter to HUD Regarding the Reconsideration of HUD’s Implementation of the Fair Housing Act’s Disparate Impact Standard.
In a letter submitted to the Department of Housing and Urban Development (HUD), NAHREP urges HUD to maintain the standard the agency adopted in its 2013 final rule, “Implementation of the Fair Housing Act’s Discriminatory Effects Standard.” The letter highlights several key concerns with the proposed rule change, including algorithmic bias, stifled innovation and negative consumer impacts.
NAHREP released a statement on June 26, 2019 regarding the White House’s executive order signed Tuesday that establishes a White House Council on Eliminating Regulatory Barriers to Affordable Housing. NAHREP views this action as a promising first step toward addressing our nation’s housing inventory crisis. NAHREP hopes that this White House Council will succeed in combating burdensome regulatory barriers while also ensuring the protection of fair housing commitments, responsible labor practices, and environmental protections.
NAHREP met with Consumer Financial Protection Bureau (CFPB) staff on June 25, 2019 to discuss the expiration of the Qualified Mortgage Patch or “QM Patch.” In a letter directed to CFPB Director Kathy Kraninger, NAHREP highlights how the expiration of the QM Patch would be particularly detrimental to Latinos homebuyers. The letter also highlights the need to address the unique characteristics of the changing face of America’s homeowner. Latinos tend to be self-employed, live in multi-generational households and are more likely to work non-traditional, non-W2 jobs. NAHREP urges the CFPB to engage in rule writing that would better measure a consumers capacity to repay rather than an over reliance on Debt to Income ratios.
NAHREP released a statement on June 20, 2019 calling on Congress to pass the Homeownership for Dreamers Act in response to the U.S. Department of Housing and Urban Development’s (HUD) decision to officially deny Federal Housing Administration (FHA) Loans to Deferred Action for Childhood Arrivals (DACA) recipients.
NAHREP testified in front of the House Financial Services Committee, Subcommittee on Housing, Community Development and Insurance on May 8, 2019 in a hearing titled The State of and Barriers to Minority Homeownership. Representing NAHREP, 2016 President Joseph Nery shared NAHREP’s policy recommendations for how the housing market could better serve Latino homebuyers.
NAC Blog: What is NAHREP’s National Advocacy Committee (NAC) Agenda?
Over the past few weeks, I’ve been asked the question: What does the National Advocacy Committee (the NAC) stand for?
The answer is simple, the NAC exists in order to advocate for public policy that is directly tied to our mission, advancing sustainable Hispanic homeownership.
NAC Blog: LET’S GET LOUD!
I’m still buzzing from this weekend’s Super Bowl performance by our Latina powerhouses J-Lo and Shakira. Sidenote, Shakira is my favorite artist/celebrity of all time. I’m talking posters all over my teenage room, knowing every lyric by heart, wanting to be her, type of fan.
NAC Blog: Winning on the QM Patch
Que onda mi gente? Has someone at an event made you text NAHREP to 50457 recently? Have you filled out your profile to join our National Advocacy Committee by clicking on this link? Are you asking yourself, ok pues I did it, ahora que? Well… congratulations and welcome to the National Advocacy Committee!
2019 Policy Positions
Annually, NAHREP reevaluates its position on a number of key policy issues which have a direct impact on the association’s ability to accomplish its mission. NAHREP’s 2019 Policy Positions are available for download here.
2018 Policy Positions
Annually, NAHREP reevaluates its position on a number of key policy issues which have a direct impact on the association’s ability to accomplish its mission. NAHREP’s 2018 Policy Positions are available by clicking on the button below.
2017 Policy Positions
In 2017, the association focuses its policy positions on a three-pronged approach on the most critical issues affecting sustainable Hispanic homeownership growth. NAHREP is intent on ensuring a government focus that preserves access to homeownership for first-time buyers, encourages small business growth and does so without disrupting the country’s economic system.
2016 Policy Positions Unveiled
Annually, NAHREP reevaluates its position on a number of key policy issues which have a direct impact on the association’s ability to accomplish its mission. Last year’s Call to Action urged Fannie Mae and Freddie Mac to implement affordable housing goals for 2015 – 2017, which successfully took place in August 2015. In 2016, access to affordable mortgage credit is of such critical near term importance that NAHREP is compelled to issue this Call to Action to regulators and policymakers.