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The LULAC National Housing
Commission
Mission
The National LULAC Housing Commission, a
subsidiary of National LULAC, was formed to
expand housing opportunities for the Latino
community. LULAC believes that home ownership is
the key to the long-term economic progress and
wealth accumulation of the Latino community,
and, that safe and stable neighborhoods are
essential to individual achievement and
community vitality.
The LNHC’s
primary purpose is to promote affordable
housing, economic development and job creation
opportunities for disadvantaged and low/moderate
income families in the United States. To achieve
this, the LNHC will develop programs and
services in the following areas:
• Provide
information and training to potential
homebuyers.
• Provide technical assistance to encourage
building and/or rehabilitation of housing
projects.
• Establish partnerships and other ventures to
enhance housing and economic growth.
• Acquire new or existing properties.
• Promote the development and reinvestment in
planned residential communities for
single-family home ownership.
• Provide low cost loans and working capital to
developers and builders who meet the needs of
the low-income communities.
• Generate public awareness on housing and
economic opportunities through LULAC
publications, newsletters, web-based
communications and housing education events.
The LNHC believes
that more attention and resources must be placed
on the building of quality affordable homes to
create a viable and stable community. To
accomplish this, the LNHC will be directly
involved as partners with developers and
builders to insure that the housing stock that
is being built meets the needs of the Hispanic
consumer. In order to serve the Hispanic
homebuyer, the LNHC will create LULAC Home Buyer
Centers in key markets throughout the United
States.
LULAC Home Buyer Centers
The LULAC Home Buyer Centers is a program to
consolidate resources in a given community and
make them readily accessible to the Hispanic
homebuyer. This one-stop concept is not new to
the market---it simply has not worked to the
benefit of Hispanics.
These Centers
will be located in key market areas where LULAC
has a major presence and a strong grass roots
base. This is critical to the marketing efforts
that will be needed to overcome historical and
institutional barriers. The LULAC Home Buyer
Centers will provide a wide range of services
from credit counseling, financial planning and
pre-qualification to making referrals to
approved realtors, lenders and builders.
Tracking results will be the ultimate measure of
our success. These efforts must result in
increased home loans and reduce foreclosures.
LULAC Homes
The LNHC will enter into partnership with
selected developers and builders to design,
build and sell to Hispanic homeowners. Standards
will be developed for builders and lenders to
provide the best products available in the
market today. With the support and resources of
our Advisory Council and Project Review Team,
projects will be selected on their merits and
potential impact for their respective
communities.
The “LULAC Homes”
brand will be marketed throughout the country as
a seal of approval that means quality and a fair
price. Hispanics and other potential homeowners
will have the confidence that LULAC is on their
side. A major media campaign in Spanish and
English will be developed and combined with
local and national events to inform and attract
potential homeowners.
LNHC Advisory Council
The Advisory Council is comprised of
representatives from the banking industry,
mortgage companies, homebuilders, developers,
HUD and other public/private organizations that
support our goals will be invited to join our
efforts.
Corporate Partners include:
Countrywide Home
Loans Wells Fargo
Washington Mutual JPMorgan Chase
Stewart Title Wachovia Bank
Capital Consultants Schaumburg Architects
Delgado, Acosta, Braden & Jones GMAC
This Advisory
Council provides resources, information,
experience and knowledge for the LNHC in the
development of its programs and projects. Their
expertise is invaluable to design products,
services, obtain market information, conduct
research, evaluate projects, identify sources of
financing, creation of a development fund, and
to address issues that negatively impact
homeownership.
Contact Information:
LULAC National Housing Commission
6500 Greenville Avenue
Suite 515
Dallas, Texas 75206
email@lulachousing.com
214.750.8194 office
214.750.8195 fax
www.lulachousing.com
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