NAHREP Releases Hispanic Homeownership Rates by Congressional Districts

By Justin Johnson.
Updated May 12, 2021

SAN DIEGO (PRWEB) May 12, 2021 - The National Association of Hispanic Real Estate Professionals released an addendum to its 2020 State of Hispanic Homeownership Report today which measures Hispanic homeownership by U.S. congressional district, allowing constituents, advocates, policy makers, and lending and housing professionals to evaluate district performance at a glance.

Hispanic homeownership is vital to economic strength of local communities across the nation and is predicted by housing experts to account for 70% of homeownership growth over the next 20 years, said 2021 NAHREP President Sara Rodriguez. NAHREPs tool provides a never-before-seen view of Hispanic homeownership that can be useful to policy makers and housing advocates.

Homeownership is one of the most accessible vehicles for building generational wealth and a key indicator of community resiliency. Members of Congress whose districts Latino homeowners dramatically underperform the market need to be more attentive to homeownership issues. The NAHREP Hispanic Homeownership by Congressional District Tool uses 2019 census data, the latest congressional district level data available through the United States Census Bureau.

Highlights

NAHREPs online tool will be updated annually and allows for easy search and sorting of data across 343 congressional districts. The NAHREP Hispanic Homeownership by Congressional District Tool also includes each districts median Hispanic income and Hispanic population as a percentage of overall population. It excludes any congressional district with a Hispanic population of less than 5%.

Use the NAHREP Hispanic Homeownership by Congressional District Tool today on the NAHREP website.

About NAHREP: The National Association of Hispanic Real Estate Professionals, a nonprofit 501(c)6 trade association, is dedicated to advancing sustainable homeownership for the Hispanic community in America. NAHREP has a network of over 40,000 real estate professionals and 100 local chapters nationwide, hosting several national events per year and publishing multiple industry cornerstone reports annually. Join us in advocating for policies that grow sustainable Latino homeownership, read our 2021 policy priorities here.

Press Contact: Katherine Wood press@nahrep.org (619) 719-4814