2015 Economic Development Briefing – Cheye-Ann Corona
"Spurring Economic Development in Latino Communities with Housing Policy as the Catalyst"
Moderated by CHCI Housing Graduate Fellow Cheye-Ann Corona
According to U.S. Department of Housing and Urban Development (HUD) Secretary Julián Castro, we are currently in the “Century of Cities”, a time when America is falling in love with the city again. Given the trends, this century will continue to see the ethnic diversification of suburban areas as a result of a lack of affordable housing in urban cores. With the recent wave of gentrification, Latina/o communities that have long existed in urban cores are being displaced. Currently, the federal government seeks to increase its investment in urban centers through the Promise Zone initiative. Yet, our country must reinvest in its economic future in a way that acknowledges demographic shifts and cultural relevancy. Placing affordable housing at the center of the Promise Zone Initiative proves crucial because with access to secure, safe, habitable, and affordable homes, a person’s quality of life and economic situation improves. This briefing will explore the role of the federal government in place-based revitalization initiatives by framing the discussion around current and relevant issues such as the racial wealth gap, revitalization impacts on small businesses, and affordable housing for low-income communities.
Marla Bilonick, Executive Director, Latino Economic Development Center
Valerie Piper, Assistant Deputy Secretary for Economic Development, U.S. Department of Housing and Urban Development (HUD)
Mitria Wilson,Vice President, Governmental Affairs, Center for Responsible Lending
The 2015 CHCI Capitol Hill Policy Briefing Series is the culmination of CHCI’s premier, nine-month Graduate Fellowship Program.