RISMEDIA, August 5, 2010—Experts estimate that more than 1.3 million Latino families will lose their homes to foreclosure between 2009 and 2012. The financial setback and emotional blow from foreclosure is particularly devastating for Hispanic families who have little to fall back on.
Janis Bowdler, deputy director of the Wealth-Building Policy Project for the National Council of La Raza, and Roberto Quercia, director of the Center for Community Capital, will talk about the results of their study: “The Foreclosure Generation: The Long-Term Impact of the Housing Crisis On Latino Children and Families” (http://tinyurl.com/2enzax7) on NAHREP Radio. The show airs Tuesday, August 10 from 11 a.m.-12 noon CST.
“The loss of a home is particularly devastating for Latino families because the bulk of household wealth comes from homeownership,” says Alex Chaparro, NAHREP chairman. “With so much focus on stemming the tide of foreclosures, there has been little emphasis on helping families cope with the social and psychological effects of foreclosure.”
Bowdler oversees NCLR’s policy and legislative analysis, research and advocacy work on issues that promote the financial security and advancement of Latino families. Quercia is Professor of City and Regional Planning at the University of North Carolina at Chapel Hill and director of the Center for Community Capital. He has conducted extensive research on neighborhood dynamics, low-income homeownership and affordable lending, among other things.
The Voice of Hispanic Real Estate is an Internet talk radio program produced by the National Association of Hispanic Real Estate Professionals, a non-profit trade association with more than 18,000 members in 48 states and 62 affiliate chapters. The show is broadcast bimonthly and features leading Latino real estate experts, prominent industry leaders and topics that are relevant to the Hispanic real estate market and Hispanic home buyers.
For more information, visit www.blogtalkradio.com/nahrep.