Chicago Home Rescue Fair Draws Over 600 Families

This month, the Korean American Resource & Cultural Center and National CAPACD joined forces with the Alliance for Stabilizing our Communities (ASC) to put together a homeownership rescue fair to help families facing foreclosure.  ASC led by the National Urban League, National Council of La Raza and National CAPACD was created, with the help of Bank of America, to assist multicultural homeowners facing foreclosure identify and procure the best housing solutions possible.

ASC is organizing 40 home retention fairs, and Chicago was the very first fair.  The fairs provide extensive onsite counseling services by HUD-approved alliance nonprofits in multiple languages.  

The Chicago rescue fair brought together the expertise of the Korean American Resource and Cultural Center, The Resurrection Project, and the Chicago Urban League to provide services to families losing their homes in the Chicago area.  Workshops about the President’s Making Home Affordable Plan, Crisis Budgeting, and Foreclosure 101, ran continuously throughout the day in English, Spanish and Korean.  Attorneys, representatives from banks and foreclosure counselors were available to provide services to families in attendance. 

To see more information about the Chicago rescue fair, check out the National CAPACD Blog.

2) 10th Annual Convention Updates

National CAPACD’s 10th Annual Convention is coming up June 3 – 5, 2009 in Washington, DC!  Have you registered yet? 

The Early Bird Registration Deadline is around the corner.   You can save up to $200 by registering before April 17th.  National CAPACD is offering its lowest convention rates ever to make the 10th Annual Convention accessible to everyone. 

Additionally, we are offering scholarships for students, representatives of growing and emerging AAPI communities, Native Hawaiian and Pacific Islander organizations, and National CAPACD members.  The application deadline for scholarships is April 3rd!  Download the scholarship application here. 

Our 10th Annual Convention’s theme, “Celebrating a Decade of Unity: A Time of Change” marks the milestone that we have reached, and the fundamental shifts our nation and our government are undergoing.  With the historic election of President Barack Obama, the introduction of a new administration, and major new federal investments being made in the face of our nation’s dire economic situation, this year’s convention promises to be an exceptional opportunity to learn, share and participate in forging a new course for our communities and for our country. 

To see a schedule of events, click here, and to learn more about the Convention, click here

3)  News from the Field: Hawaiian Community Assets Unveils Financial Education Curriculum for Youth

During the month of March, Hawaiian Community Assets (HCA) unveiled its new Financial Education curriculum for youth, Kahua Waiwai, Opio Edition.  To officially launch the curriculum, HCA coordinated three “train-the-trainer” events on Oahu, Maui and Hilo for over 30 local trainers and counselors that plan to deliver financial literacy training for youth in their schools or communities.  All participants received an Instructor’s Certificate, Instructor’s Guide with supplemental workshop CD-ROM, and a limited number of student handbooks.

Statistics show that teens spend 98% of what they earn, the bankruptcy rate among youth ages 18-24 has increased by 96% over the last 10 years, and more students drop out of college due to teen accumulated debt than for academic reasons.  Kauhua Waiwai, Opio Edition was uniquely developed to address the local statistics cited above and serve Hawaii youth, ages 14-18, by linking traditional Hawaiian resource management with modern-day money management practices. 

For more information about the curriculum contact Mr. Gilbreath at 808.587.7653 or via e-mail at