Increased investment in affordable housing that is culturally appropriate and in AAPI communities and neighborhoods
Ensure that AAPI neighborhoods benefit from the National Housing Trust Fund (NHTF). Advocate for better accountability to AAPI neighborhoods in the implementation of the Community Reinvestment Act. Create low cost and easily accessible financing to acquire site control of properties in “hot markets” for potential affordable housing projects. Advocate for housing development and financing models that better accommodates extended family models within the Low-Income Housing Tax Credit project, Housing Choice Vouchers, SRO (single-room-occupancy) Development, and other publicly subsidized affordable housing programs. Facilitate increased use of smart growth approaches such as the accessory dwelling unit model in one to three family homes - promoting the creation of safe and affordable housing that accommodates extended families within existing housing stock. Incentivize permanent affordable housing approaches in public and private housing developments including inclusionary zoning and other similar approaches.
Preserve the Low-Income Housing Tax Credit.