Tuesday, June 23, 2009

Esperanza Addresses the Real Estate and Mortgage Crisis During The State of Hispanic Housing Dinner

The dinner will focus on the state of Hispanic housing in the United States and will highlight the specific issues that affect the Latino community. Mr. Kenneth D. Wade, CEO, NeighborWorks America, will speak to the challenges regarding the foreclosure crisis and will identify strategies for confronting the crisis as it relates to the Hispanic community.

Mr. Ira Goldstein, Director, Policy and Information Services for The Reinvestment Fund, will also speak during the dinner. He will present a study he was commissioned to conduct by the Federal Home Loan Bank of Pittsburgh identifying the impact of the current real estate and mortgage markets on the Hispanic population.

Congressman Mario Diaz Balart (R-FL) will address the audience, as well, and will express his support of and commitment to Latino homeownership as a facet of the American Dream that should be achievable for every American.

The hope is that as Hispanic clergy become more informed of the depth and breadth of the housing crisis and the approaches necessary to navigate the system successfully, they can serve as conduits to their church congregants who are experiencing the direct impact of the housing dilemma, as well as be able to affect public policy and drive a movement for just legislation.

Immediately following the State of Hispanic Housing Dinner, three-time Latin Grammy Award winner, Marcos Witt, will be speaking during the Church Leadership Plenary where he will be discussing, in an open forum, how church leaders can address a community in crisis.

Renowned Christian singers Ingrid Rosario and ARPA Award winner, Julissa will lend their voices and perform during both the State of Hispanic Housing Dinner and the Church Leadership Plenary.

"Many Hispanics are losing or are in danger of losing their homes," stated Reverend Luis Cortes, Jr., President and Founder of Esperanza. "Esperanza is one of only a handful of Hispanic groups addressing this issue and we are hopeful we can get other Latinos to join us."

The Reverend Luis Cortes, Jr. is president of Esperanza, the largest Hispanic faith-based Evangelical network in the United Sates. With a national network of more than 12,000 churches, ministries, and community organizations, Esperanza is one of the leading voices for Hispanics in America.

For more information, go to www.esperanza.us.

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