NAHREP Foundation Aims to Push Hispanic Homeownership Above 50%

The NAHREP Foundation arm recently unveiled “The Hispanic Wealth Project,” with the objective of increasing wealth and homeownership levels in the Hispanic community.On this episode of Big Money Real Estate, Ilyce talks with Gerardo “Jerry” Ascencio, former president of the National Association of Hispanic Real Estate Professionals and current Chair of the NAHREP Foundation, about the specifics of the plan. The objective is to triple total household wealth, which currently stands at about one tenth of the household wealth for non-Hispanic White Americans. As a part of that objective, the NAHREP Foundation hopes to push Hispanic homeownership above 50% so that the average Hispanic family owns a home.