ASIAN AMERICAN AND PACIFIC ISLANDER POVERTY POPULATION GROWS TO OVER 2 MILLION IN WAKE OF RECESSION
Press Conference to Release Groundbreaking AAPI Poverty Report
NEW YORK, NY – The National Coalition for Asian Pacific American Community Development (National CAPACD) will host a press conference at the Ford Foundation to unveil findings from its recent Asian American and Pacific Islander (AAPI) Poverty Demographic Study.
The study reveals that the AAPI poor population grew faster than most other ethnic groups from 2007-2011, increasing by 38% to over 2 million. AAPI poor are diverse both demographically and geographically, concentrated in a limited number of metropolitan areas, and in need of resources and attention.
Congresswoman Grace Meng (NY-6), Chair of the Economic Development Task Force for the Congressional Asian Pacific American Caucus (CAPAC), will headline the press conference to call attention to the issue of growing poverty in the fastest growing ethnic group in the nation.
On Wednesday, President Obama announced his nomination of Representative Melvin Watt to lead the Federal Housing Finance Agency (FHFA). As the regulatory agency that oversees Fannie Mae, Freddie Mac, and the Federal Housing Administration, its next director will have a primary role in shaping our nation’s housing policy for years to come. The National Coalition for Asian Pacific Community Development (National CAPACD) supports the nomination of Rep. Watt, who has a proven record of working on behalf of low-income communities.
Asian Americans Face Significant Housing Discrimination According to Study by U.S. Department of Housing and Urban Development
WASHINGTON, DC – Asian American homebuyers and renters face discrimination and adverse treatment as or more often than other communities of color when seeking a home, according to findings from a newly released study from the U.S. Department of Housing and Urban Development (HUD) and The Urban Institute. The study, titled “Housing Discrimination against Racial and Ethnic Minorities 2012”, shows that discrimination is still widely prevalent in major metropolitan real estate markets across the country. Most alarmingly, the types and methods of discrimination uncovered by this study are generally undetectable by the home seekers themselves.
HUD Secretary Shaun Donovan Addresses AANHPI Community Leaders at National CAPACD’s 13th Annual Convention
WASHINGTON, DC – Last week, U.S. Department of Housing and Urban Development (HUD) Secretary Shaun Donovan addressed more than 200 community leaders representing Asian American, Native Hawaiian, and Pacific Islander (AANHPI) communities across the country as part of the National Coalition for Asian Pacific American Community Development’s (National CAPACD) 13th Annual Convention. In his remarks, Secretary Donovan recognized the importance of National CAPACD’s network of housing counseling agencies in fighting foreclosures and ensuring access to affordable housing in our neighborhoods. The Secretary congratulated National CAPACD on becoming a HUD One CPD Technical Assistance provider with our partner, the National Association for Latino Community Asset Builders (NALCAB). He committed to engaging with the White House Initiative on Asian Americans and Pacific Islanders (WHIAAPI) to meet the economic and housing needs of low-income AAPI communities and emphasized the importance of public-private partnerships to build the capacity of community-based organizations.
National CAPACD Celebrates 10 Years of ACTION TA on First Day of 13th Annual Convention
WASHINGTON, DC – On Monday, June 3rd, the National Coalition for Asian Pacific American Community Development (National CAPACD) released a report, “Taking Initiative in Our Neighborhoods”, which highlights the first ten years of its AAPI Communities Taking Initiative in Our Neighborhoods (ACTION) technical assistance program. National CAPACD also released a report on integrated financial education and asset building opportunities in Asian American, Native Hawaiian, and Pacific Islander (AANHPI) communities. Both reports, supported by Citi Community Development, were released during National CAPACD’s 13th Annual Convention, “Building Equity, Building Power: Redefining Community Development”, taking place in Washington, DC from June 3rd to June 5th.