Press Room
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Announcements
February 2, 2012
Statement on the President’s Plan to Help Responsible Homeowners and Heal the Housing Market
The President announced yesterday a comprehensive plan to assist at-risk homeowners, renters and neighborhoods recover from the housing crisis. National CAPACD applauds the Administration for prioritizing housing issues critical to our nation's economic recovery and for leadership in focusing the attention, resources and power of so many federal agencies to this cause. "We are very pleased about the expansion of HAMP eligibility to include greater incentives for principal reductions and also the inclusion of $1 billion in mandatory funding in the President's 2013 Budget for the Housing Trust Fund. The trust fund will go a long way to finance development and preservation of affordable rental housing. We look forward to working with the Administration to let AAPI communities know about the Homeowners Bill of Rights and about the relief that may be available through these new initiatives." more»
January 31, 2012
ACTION ALERT: Contact Your State Attorney General Today
Last Friday, the administration made two announcements critical to reviving the housing market. First, President Obama made good on his State of the Union promise and created a new investigative working group, led by New York Attorney General Eric Schneiderman, that would take on the abuses that triggered the housing crisis. Second, the administration made significant changes to HAMP including extending the program through 2013 and providing more incentives to mortgage servicers to offer modifications with principal reduction, and extended these incentives to Fannie Mae and Freddie Mac. more» -
Newsletters
July 13, 2011
National CAPACD News - July 2011
In this month's newsletter: 1) Recap of the 2011 Annual Convention 2) Need your help to save critical safety net programs 3) ACTION TA RFP is now available! more»November 4, 2010
National CAPACD News - November 2010
In this month's newsletter, we highlight National CAPACD's 11th Annual Convention: 1) National CAPACD 2010 Annual Convention Builds Collaborations; 2) National CAPACD Housing Counseling Network Meeting and Convention Workshop; 3) ACTION TA Information Session; 4) Next Generation Leadership Program more» -
Press Releases
January 27, 2012
Civil Rights Organizations Hail Creation of Financial Crimes Task Force & Steps to Stop Foreclosures
Washington, D.C. - Earlier today, the Obama Administration fulfilled a promise made during the State of the Union address, announcing the creation of a new financial crimes task force to investigate those responsible for misconduct contributing to the financial crisis. NCLR (National Council of La Raza), NAACP, National CAPACD (National Coalition for Asian Pacific American Community Development), and the National Urban League (NUL) applaud the administration for taking a strong stand in the name of banking accountability. more»January 4, 2012
National CAPACD Applauds Cordray Appointment to the Consumer Financial Protection Bureau
Washington, D.C. - Earlier today, President Obama appointed Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB). We applaud the President for taking this bold step in appointing Richard Cordray to direct the CFPB. Established in 2010, the CFPB plays a critical role in protecting consumers from predatory and abusive practices in the financial marketplace. The recess appointment ensures that the CFPB is able to use its full authority to oversee and regulate non-bank mortgage lenders, credit scoring agencies, debt collectors, payday lenders, and student lenders. more» -
Podcasts
January 21, 2011
The State of Communities of Color in the U.S. Economy
The Center for American Progress released a report today entitled "The State of Communities of Color in the U.S. Economy" outlining how U.S. households in general, but communities of color in particular, were severely hurt by the recession. National CAPACD Executive Director Lisa Hasegawa participated in a discussion with other national advocacy leaders to address the report's findings. more» -
Broadcasts
March 17, 2011
National CAPACD and Local Affiliates Hold Press Conference to Address H.R.1
On March 17, 2011, National CAPACD and affiliates from four major metropolitan areas - Los Angeles, San Francisco, Seattle, and New York came together to hold a series of press conferences to raise awareness of the potentially devastating effects that the U.S. House of Representatives' H.R.1 would have on low-income and AAPI communities across the country. more»February 16, 2011
A New Fannie And Freddie: Reforming U.S. Housing Finance Policy to Work for People of Color
With the Obama administration and Congress beginning the debate on the future of Fannie Mae and Freddie Mac, national civil rights leaders on Feb. 16 unveiled core principles for ensuring that a reformed housing finance system works effectively for communities of color, and for all Americans. National CAPACD Executive Director Lisa Hasegawa, NCLR Executive Director Janet Murguia, and National Urban League President Marc Morial (among others), participated in the discussion. more» -
In the News
March 28, 2011
Asian Journal Coverage of National CAPACD’s March 17th Press Events
ON March 17, Asian Pacific American community organizations in New York, Seattle, San Francisco, and Los Angeles expressed their alarm about severe proposed cuts to federal programs for seniors, children and the poor. more»March 25, 2011
Seattle Mayor Joins InterIm CDA and National CAPACD for Press Conference
On Thursday, March 17, 2011, InterIm CDA led local organizing efforts in Seattle to participate in a national press conference that brought attention to some devastating federal budget cuts Congress is considering. Seattle Mayor Mike McGinn was among five elected officials who joined in the press conference. (content from InterIm CDA) more»
