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.
Landlord Survey Results: Small Landlords Adversely Impacted by COVID-19
The National Association of Hispanic Real Estate Professionals (NAHREP) and UC Berkeley’s Terner Center for Housing Innovation partnered to survey NAHREP’s membership to gauge the experiences of small “mom and pop” landlords during the pandemic. The responses indicate great concern as many of the CARES Act’s support expire, and the need for targeted assistance grows. The survey was administered between June 29, 2020 and July 9, 2020 and received 620 responses, of which 380 came from owners or managers of rental properties. Download the fact sheet for an analysis of those responses.
NAHREP urges additional relief for small businesses and Latino families in next stimulus bill
NAHREP continues to advocate for additional relief as the COVID-19 crisis is far from over. On May 8, 2020, NAHREP wrote a letter to Congress and the Administration urging critical policy actions needed in order to protect Latino families and small businesses as Congress moves to pass the phase 4 COVID-19 stimulus package.
NAHREP urges reevaluation of proposed reform to the Community Reinvestment Act regulatory framework
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.
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.
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.
NAC Blog: It’s time for NACtion!
First of all, congratulations for being a part of the inaugural National Advocacy Committee. All of you will always be remembered as the founding members of the NAC. Today, NAHREP stands 100 chapters strong with over 40,000 members. Our task? We need to leverage those numbers and create a powerful, influential, history-making united voice around Latino economic mobility. We have a clear goal: to champion wealth creation for the Latino community through homeownership in order to bridge the wealth gap.