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FEDERALhearing transcript

Review of Minority Homeownership Barriers

Original title: A REVIEW OF THE STATE OF AND BARRIERS TO MINORITY HOMEOWNERSHIP

January 1, 2020

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The Frame

What this does

The serves as a formal record of expert testimony and data regarding housing policy, which informs future legislative efforts to address disparities in homeownership rates among minority populations.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Minority homebuyers

The subject matter of the hearing directly concerns the policies and economic conditions that impact their ability to purchase homes.

Housing policy organizations

These groups provide data and testimony that influence the legislative agenda regarding housing finance and regulation.

What changed

Last recorded activity January 1, 2020.

What's next

Next step not available in the current record.

Summary

This document is the official record of a May 8, 2019, Congressional held by the on Housing, Community Development, and Insurance. The hearing examined the current state of minority homeownership in the United States and the specific obstacles preventing equitable access to housing.

Key Facts

  • The hearing took place on May 8, 2019, before the Subcommittee on Housing, Community Development, and Insurance.
  • The session focused on identifying barriers to minority homeownership.
  • Seven expert witnesses provided testimony, including representatives from the Center for Responsible Lending, The Urban Institute, and the National Association of REALTORS.
  • The record includes supplemental reports, such as the UnidosUS report on Latino homeownership and studies on the cost of housing regulations.
  • Written statements were submitted for the record by various advocacy groups, including the National Community Reinvestment Coalition and the National Consumer Law Center.

Frequently Asked Questions

What was the purpose of this hearing?
The was held to review the current state of minority homeownership and identify the barriers that prevent minority groups from purchasing homes.
Who testified at the hearing?
Witnesses included experts from housing policy organizations, real estate associations, and research institutes, such as the Center for Responsible Lending, The Urban Institute, and the National Association of REALTORS.

Why It Matters

The serves as a formal record of expert testimony and data regarding housing policy, which informs future legislative efforts to address disparities in homeownership rates among minority populations.

News Coverage

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Sponsors

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

cross reference90% confidence

Extensive Supplemental Record

The hearing record includes a significant amount of supplemental material, including reports from UnidosUS and the National Association of Home Builders, indicating a broad scope of research submitted to the committee.

Connected Entities

personWm. Lacy ClayChairman of the Subcommittee on Housing, Community Development, and InsuranceMap →
personAlanna McCargoWitness, Vice President, Housing Finance Policy, The Urban InstituteMap →
personJoel GriffithWitness, Research Fellow, The Heritage GroupMap →
personMaxine WatersChairwoman of the House Committee on Financial ServicesMap →
personNikitra BaileyWitness, Executive Vice President, Center for Responsible LendingMap →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance60
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz20
    Current news / social attention level

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