Leveraging the Federal Housing Administration (FHA) Loans to Build Wealth in Latino Communities

Author:	Lot Díaz
Contact:	Janis Bowdler
Date:	Apr 18, 2007
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Topic:	Community and Family Wealth-Building
Policy:	Homeownership

Summary

NCLR commends Representatives Maxine Waters (D-CA) and Barney Frank (D-MA) for introducing the “Expanding American Homeownership Act of 2007” (H.R. 1852) and including several provisions that will help put Latinos on the path to sustainable homeownership and wealth-building. NCLR offered several suggestions in a hearing before the Subcommittee on Housing and Community Opportunity to further strengthen this legislation.