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National CAPACD: addressing the housing and community development needs of asian american and pacific islander communities

Newsletters

August 2008 National CAPACD Newsletter

Register Today for 7th Annual Native Hawaiian Convention!

National CAPACD partner, Council for Native Hawaiian Advancement (CNHA), will be hosting their annual convention in Honolulu September 30 - October 2, 2008. All members of National CAPACD are considered members of CNHA, which means - Special Rates! more» 
July 2008 National CAPACD Newsletter

President Bush Signs "Housing and Economic Recovery Act of 2008

On July 30th, President Bush signed H.R. 3221, the largest housing bill in a generation that will provide mortgage relief for over 400,000 struggling homeowners. National CAPACD wants to thank all of its members who have called their Congressmen to support this landmark piece of legislation. more» 

In the News

June 8, 2008, Asian Fortune

National CAPACD Partners with Members to Launch AAPI Foreclosure Response Plan

Excerpt: "National CAPACD launches a coordinated national effort to increase the capacity of AAPI community development organizations to serve AAPI neighborhoods and at-risk homeowners. The plan will work to ensure that a majority of AAPI residents of every major metropolitan area in the U.S. are aware of the foreclosure risk factors and options available to at-risk borrowers, and community-based organizations have the resources to stabilize neighborhoods."  more» 
May 21, 2008, Asian Week

National CAPACD Launches AAPI Foreclosure Response Plan

Excerpt: "National Coalition for Asian Pacific American Community Development has launched a coordinated national effort to increase the capacity of AAPI community development organizations to serve AAPI neighborhoods and at-risk homeowners."  more» 

Other News Articles

June 2, 2008, Housing Wire, By Paul Jackson

Freddie Mac Touts New Vista REO Partnership

Excerpt: "Park and Acosta head up New Vista and created a model that uses a diverse network of minority brokers, as well as nonprofit counseling agencies, to create awareness among first-time and minority buyers of the availability of REO homes as a housing option."  more» 
March 9, 2008, Boston Globe, By Ric Kahn

Foreclosing Costs

Excerpt: "Owners aren't the only ones caught in the mortgage crisis. Renters, like this East Boston family of immigrants, are feeling the fallout, especially when unscrupulous landlords do not tell tenants when the building is being foreclosed. The building in which Chao Xiong Ma and his wife, Man Yi Ma, live was foreclosed on last year, and in January, much to the Mas' surprise, a crew of men arrived one morning to try to move them, and their belongings, out."  more» 

Press Releases

Foreclosure Activity Increases 8% - How Asian American and Pacific Islanders are Coping

August 18, 2008: The Cape Coral-Fort Myers, Fla., metro area registered the highest foreclosure rate among the 230 metro areas tracked in the July report. One in every 64 households in the metro area received a foreclosure filing during the month � more than seven times the national average. more» 

Support Neighborhood Stabilization Funding

June 18, 2008: Please write to your Members of Congress today to support Neighborhood Stabilization funding. The $4 billion emergency funding would stabilize communities by facilitating the bulk purchase and rehabilitation of foreclosed homes in targeted areas. These critically needed funds will help foreclosure impacted communities across the country gain desperately needed economic stability after the devastation caused by concentrated foreclosures.  more» 
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OUR MISSION

National CAPACD's mission is to be a powerful voice for the unique community development needs of AAPI communities and to strengthen the capacity of community-based organizations to create neighborhoods of hope and opportunity. Become a member!