NAC Blog: In Poker and the Stock Market, Blue Chips are Gold

NAC

We haven’t done any wonky terms of the week in a while. So, in light of it still being January, the month of the year when we are still gung-ho about self-improvement, I thought we would focus on our financial health and the power of stock market investments. NAHREP 10 Principle #5: INVEST AT LEAST 20% OF YOUR INCOME IN REAL ESTATE AND STOCKS because they are the best and safest ways to build wealth (investing in other businesses does not count). If you read the State of Hispanic Wealth Report, you’ll see that Latinos are driving homeownership growth and are increasingly becoming real estate investors. However, Latinos are less diversified in their assets today than they were prior to the housing crash!

NAC Blog: The 2020 Census and how Redistricting Battles Shape our Future

NAC

If you have read the State of Hispanic Homeownership Report, you’ll know that Latinos have been the engine behind population growth in America. Today, Latinos are the second largest racial/ethnic group in the U.S., second only to the non-Hispanic White population. Why am I bringing this up? Because something very consequential is happening right now that is directly tied to population and political power: the redistricting wars. And all of us should be paying close attention.

NAC Blog: Reconciliation, no not forgiveness

NAC

It’s time for another wonky policy term of the week explained. If any of you want to understand what in the world is happening right now in Congress with this infrastructure bill that seems to be moving at tortuga speed, let’s try to define another term the politico types throw around like pizza dough: reconciliation. What the heck is reconciliation? No, its not what happens with your significant other after she/he/they pissed you off and then cooked you your favorite meal to lure you through your stomach. In this case, it’s a tool used in Congress to get tough things passed.

NAC Blog: Fill to Bust

NAC

Raise your hand if you hear people talk policy and you zone out mostly because they keep using strange words that you don’t understand? I spent over a decade in Washington D.C., a town where people talk in acronyms. Before NAHREP, I spent 6 years working at the Consumer Financial Protection Bureau (CFPB), where it was seen as perfectly normal to say something like, “Since the HMDA working group finalized the ANPRM, there’s an OPM meeting at the EEOB to discuss collaboration between FHFA and the CFPB. Make sure you bring the RESPA proposal!” Como dice mi mama, “Apenas se puede creer!”