Fannie Mae Foundation

At a time when the overall homeownership rate in the United States is at a historic high, many groups still face severe hurdles in realizing the American dream. The public, private, and nonprofit sectors are working to address these barriers. This article examines one nonprofit's activities. Asian Americans for Equality (AAFE) is a civil rights and housing organization providing homeownership and other services to Asian Americans, a group that often faces language, cultural, credit, and financial difficulties in achieving homeownership. AAFE addresses these challenges by providing aggressive outreach through housing fairs and neighborhood publications, offering homeownership education and counseling in a variety of languages and settings, securing multiple housing subsidies and developing affordable housing, and educating lenders on the employment and credit practices of the Asian community. AAFE thus helps tailor the complex web of activities required to expand homeownership to traditionally underserved — especially immigrant — populations.

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