In the News

Interview: Gordon Chin, Founding Executive Director of the Chinatown Community Development Center

By: Josh Ishimatsu, Director of Research and Capacity Building at National CAPACD

Reposted from: Shelterforce

Posted: January 29, 2016

Gordon Chin started San Francisco Chinatown Community Development Center (CCDC), a longstanding CDC well-known in the field, in the mid-1970s. In June 2015, he released Building Community, Chinatown Style, a book about his professional life, the founding and evolution of CCDC, and the future of community development. Josh Ishimatsu, director of Research and Capacity Building at the National Coalition for Asian-Pacific American Community Development, and a regular Shelterforce contributor, spoke with Chin about where community development is going, and where it should go.

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In the News: Gentrification Is More Widespread Than You Think

By: Josh Ishimatsu, Director of Research and Capacity Building at National CAPACD
From: Rooflines
Posted: November 17, 2015

In Miriam Axel-Lute’s recent post here, “Place Matters But Place Changes,” she references “a study done by Governing magazine that found a 20 percent gentrification rate for census tracts in the past decade in the largest 50 cities in the country, a greatly accelerated rate from the previous decade.” She goes on to note that, while an increase over past rates of gentrification, a 20 percent gentrification rate still means that 4 of 5 low-income neighborhoods are not gentrifying.

These are basic, straightforward conclusions to draw from the Governing study.  However, there are a few huge, inter-related problems with the underlying study in being able to adequately describe our current round of gentrification.

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In the News: Finance is More of a Problem in Low-Income Asian American Communities

By: Boonyalak Charoenkitkan 
Sereechai Newspaper

National CAPACD released "Scrimping+Saving" Report at a press conference with U.S. Congresswoman Maxine Waters on April 1, 2015.

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In the News: Asian Immigrants Financial Report Release

By Pheel Wang

Headquartered in Washington, National Coalition for Asian Pacific American Community Development released a report after surveying fourteen different Asian American immigrant communities on financial services. The report ound that non-English-speaking families are more likely to be financially vulnerable. Most Chinese immigrants do not know their credit score and do not know how you can take advantage of gaining more knowledge about financial management. 

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In the News: Asian Americans Financially Vulnerable

By: Reporter Sam Lee
LA18TV (Korean)

A study reveals that compared to other communites, Asians are more financially vulnerable.  The summary of the released report is presented by Reporter Sam Lee.

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In the News: Survey: Diversity of Asian America Hides Wealth Gap

By: Emil Guillermo
NBC News

A new survey by the National Coalition for Asian Pacific American Community pulls apart the national numbers to show how generational gaps, ethnicity, and language proficiency influence the fastest-growing population in America's financial well being.

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In the News: Community Development and Hot Markets

By: Josh Ishimatsu, Director of Research and Capacity Building at National CAPACD
From: Rooflines
Posted: March 31. 2015

At the People and Places Conference earlier this month, we organized a mini-track around “Community Control and Hot Markets.” On the kick-off panel, Malcolm Yeung fromChinatown Community Development Center in San Francisco cited a mind-blowing number–SRO residential hotel units in San Francisco are seeing rents on the order of $1,300 per month.

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In the News: Keeping Justice in Mind as We Talk Asset-Building

By: Miriam Axel-Lute
From: Rooflines
September 23, 2014

I attended my first ever Assets Learning Conference, put on by CFED last week, and I have to say it was mighty impressive.

And I was particularly pleased to see that economic justice and things like reforming the tax code to be less regressive and reward savings by low- and middle-income Americans, rather than mostly the already wealthy, were being given an important place next to what feels like the aset-building movement's bread and butter discussions of savings programs and financial education.

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In the News: From Internment to Advocacy, One Family's Journey

By: Lisa Hasegawa, Executive Director at National CAPACD
From: NBC News

I remember my 94-year-old grandmother, Mary Masako Kanase, standing with tears in her eyes, reading the inscription on the stone memorial at the Japanse-American internment camp in Jerome, Arkansas this past October. She held my hand and said to me, "I'm so glad people remember."
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In the News: Challenges Navigating the Housing Process Faced By Asian American and Pacific Islander Families

By: The Office of Housing Counseling, U.S. Department of Housing and Urban Development
Overwhelmed by Foreclosure
For Firoza, a mother living in Queens, New York, the foreclosure process was too overwhelming. She wasn't opening her mail. She wasn't answering the phone. She wasn't talking to people. That's what the stigma and fear of foreclosure did to her. Instead, she quietly went to a private realtor who asked for $2,000 to help her get out of foreclosure. After paying the money, the realtor came back and told her the bank had denied her request.
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