National CAPACD Newsletter: December 2012

Support National CAPACD with a Tax-Deductible Year-End Donation!


Please consider a year-end tax-deductible donation to the National Coalition for Asian Pacific American Community Development (National CAPACD). As a national advocacy organization dedicated to addressing the housing, community and economic development needs of diverse and growing Asian American and Pacific Islander (AAPI) communities, National CAPACD has accomplished the following in 2012:

  • Supported network of 17 housing counseling agencies to assist over 7,800 households with housing counseling services
  • ACTION TA program supported peer-to-peer learning among 12 community based organizations to build capacity in transportation planning advocacy, small business, and housing counseling. 
  • Gathered 100 local leaders and practitioners during the National AAPI Housing and Community Economic Development Policy Forum to discuss policy recommendations with federal agencies and elected officials in May 2012.
  • Coordinated a national AAPI civic engagement project with 25 partners to register voters, carry out Get Out The Vote (GOTV) activities, educate voters, build leadership and increase media attention to AAPI civic engagement.
  • Engaged the leadership of the Consumer Financial Protection Bureau, a new federal agency responsible for consumer protection in regards to financial products and services, including banks and mortgages.
  • Completed report on poverty in the AAPI community to be published in 2013. 

We are a smaller organization than you may think. A donation of any size will go a long way to meet our annual budget. Your support makes a difference. You can donate online through our website or send your donation to our Washington, DC office. For Federal employees, our CFC number is 17320. 

Thank you for your continued support!

The Fiscal Cliff – Tell Your Members of Congress What 's at Stake for Our Communities

With less than a month until we reach the “fiscal cliff”, our policymakers must understand what is at stake for our communities. Deficit reduction cannot come at the expense of low- and moderate-income families, especially in the wake of an economic downturn. If a compromise on reducing the deficit is not reached by the end of the year, automatic across-the-board cuts (sequestration) will dramatically scale back federal domestic programs, threatening the social safety net for millions of American families. This would impact critical programs such as housing counseling, rental assistance, Community Development Block Grants, and other critical housing services. Further, a series of tax cuts is also scheduled to expire at the end of the year, threatening middle class families with an average annual tax increase of $2,000. These two components – steep spending cuts and abrupt tax hikes – would undermine our nation’s economic recovery while needlessly putting many struggling families at risk.

National CAPACD urges policymakers to reach a balanced approach that does not unnecessarily burden low- and moderate- income communities. Please click here to view National CAPACD’s statement on the fiscal cliff.  National CAPACD has also prepared a template that your organization can use to ensure your concerns are heard. Please click here to download the template.  

Additional advocacy tools and resources, including a webinar featuring speakers from Congress and the White House, can be found on our website

Independent Foreclosure Review Deadline is December 31st


The deadline to submit an application for an Independent Foreclosure Review (IFR) is quickly approaching, with all Requests for Review forms due by December 31, 2012. Borrowers that believe they have suffered financial injury or errors during the foreclosure process on their primary residence between January 1, 2009 and December 31, have only 2 weeks to submit a form through this program for review. If the review finds that financial injury occurred, the homeowner may receive compensation or other remedy. For borrowers who believe they may be eligible, a housing counselor can assist individuals with completing and filing a Request for Review form and respond to any questions or concerns they may have about the free process. All Request for Review Forms must be postmarked or submitted to the independent foreclosure review administrator by the deadline, December 31, 2012.  More information can be found on National CAPACD’s website or by visiting the official IFR website.

National Council of Asian Pacific Americans meets with Consumer Financial Protection Bureau


Last Tuesday, National CAPACD membership and the Housing and Economic Justice Committee of the National Council of Asian Pacific Americans (NCAPA) met with Director Richard Cordray and staff from the Consumer Financial Protection Bureau (CFPB). The hour-long meeting covered a range of issues affecting Asian Americans, Native Hawaiians, and Pacific Islanders, including student loans, financial education, and mortgage servicing. We look forward to ongoing conversations with the CFPB to ensure proper consumer protection and access to financial services for AAPI communities.

National Asian American Election Eve Poll

National Asian American Election Eve Poll - National CAPACD, in partnership with the Asian American Legal Defense and Education Fund (AALDEF) contracted with Latino Decisions, a public opinion research firm to conduct a nonpartisan survey of Asian American voters on Election Eve. Because Asian American voters are more often not included in national mainstream polls, the survey was our attempt to create a more accurate profile of the Asian American electorate, its voting preference. It was also a chance for National CAPACD to further highlight the rising political participation of Asian Americans, complementing the national AAPI civic engagement project we had launched in August with 25 partners in 14 states.  The poll was conducted in 4 languages, reaching voters representing six major Asian ethnic groups, and included states with large and fast growing Asian American populations. Key findings were that 71% voted for President Obama compared to 27% who voted for Governor Romney and fixing the economy/jobs was the number one concern for voters. Click here for a summary of the poll findings. The poll also generated much needed coverage from ethnic and mainstream media on the Asian American electorate. Click here to read more.

Save the date! National CAPACD's Annual Convention will be June 2-5, 2013

It’s official! Save the date for National CAPACD’s 13th Annual Convention in Washington, DC from June 2-5, 2013. As in previous years, this event will bring together practitioners and community leaders to share stories and best practices. 

Keep checking back to our website for the latest updates!