View or download a PDF of the letter here.
June 9, 2022
The Honorable Maxine Waters,
Chairwoman, U.S. House
Financial Services Committee
2221 Rayburn House Office Building
Washington, DC 20515
The Honorable Patrick McHenry,
Ranking Member, U.S. House
Financial Services Committee
2004 Rayburn House Office Building
Washington, DC 20515
Subject: Downpayment Toward Equity Act
We are writing to show our strong support for H.R. 4495, the “Downpayment Toward Equity
Act”. This bill provides substantial down payment assistance to first-time, first-generation
homebuyers and helps close the historical racial and ethnic homeownership gaps in the United State, because it would provide first-generation households and households of color an opportunity to develop generational wealth.
Increasing first-generation homeownership is critical for the economy, for the financial security of millions of American households, for sustainable job creation, and for addressing the racial and ethnic wealth gap.
Signed,
National Organizations:
Consumer Action San Francisco CA
Liberation in a Generation Oakland CA
National Association for Latino Community Asset Builders Washington DC
National Coalition for Asian Pacific American Community Development
(National CAPACD) Washington DC
National Urban League Washington DC
Americans for Financial Reform Washington DC
Prosperity Now Washington DC
UnidosUS Washington DC
Woodstock Institute Chicago IL
HomeFree-USA Landover MD
Consumer Credit Counseling Service MD Columbia MD
Reinvestment Partners Durham NC
Consumer Credit and Budget Counseling, Inc d/b/a National Foundation
for Debt Management Marmora NJ
Rural Community Assistance Corporation (RCAC) Portland OR
National Housing Resource Center Philadelphia PA
Local Organizations by State:
Fair Housing Center of Northern Alabama Birmingham AL
Family Counseling Center of Mobile, Inc. (dba Lifelines Counseling
Services) Mobile County AL
Campesinos Sin Fronteras Somerton AZ
Administration of Resources and Choices Tucson AZ
Greater Phoenix Urban League Phoenix AZ
Take Charge America, Inc. Phoenix AZ
Arizona Housing Coalition Phoenix AZ
Community Reinvestment Solutions, Inc. Phoenix AZ
Western Arizona Council of Governments (WACOG) Yuma AZ
California Reinvestment Coalition San Francisco CA
Ventura County Community Development Corporation Oxnard CA
Fair Housing Advocates of Northern California San Rafael CA
St. Petersburg Neighborhood Housing Services, Inc. (dba Neighborhood
Home Solutions) St. Petersburg FL
Community Outreach Training Center, Inc. Thomasville GA
Nanakuli Housing Corporation Honolulu HI
Housing Action Illinois Chicago IL
Center for Changing Lives Chicago IL
South Side Community Federal Credit Union Chicago IL
Universal Housing Solutions CDC Chicago IL
Neighborhood Development Foundation New Orleans LA
Lawrence CommunityWorks Lawrence MA
Hagerstown Neighborhood Development Partnership, Inc. Hagerstown MD
Centro de Apoyo Familiar Riverdale MD
Community Development Network of Maryland Baltimore MD
Coastal Enterprises, Inc. Brunswick ME
Kalamazoo Neighborhood Housing Services Kalamazoo MI
Wayne Metro Community Action Agency Wyandotte MI
Northern Homes Community Development Corp Boyne City MI
One Roof Community Housing Duluth MN
Washington County Community Development Agency Woodbury MN
North Carolina Housing Coalition Durham NC
OnTrack WNC Financial Education & Counseling Asheville NC
Thrive to Empower Life Coach Winston Salem NC
Family Housing Advisory Services Omaha NE
Omaha 100 Incorporated Omaha NE
Affordable Housing Partnership of the Capital Region, Inc. Albany NY
Long Island Housing Services, Inc. Bohemia NY
Consumer Credit Counseling Service of Buffalo, Inc. West Seneca NY
Rockland Housing Action Coalition, Inc. New City NY
Restored Homes HDFC New York NY
Keuka Housing Council, Inc. Penn Yan NY
Empire Justice Center Rochester NY
Margert Community Corporation Far Rockaway NY
Famicos Foundation Cleveland OH
Great Lakes Community Action Partnership Fremont OH
Bucks County Housing Group Warminster PA
Southwest (Philadelphia) Community Development Corporation Philadelphia PA
SouthFair Community Development Corp Dallas TX
Avenue CDC Houston TX
Our Casa Resident Counsel, Inc. San Antonio TX
Piedmont Housing Alliance Charlottesville VA
National Caucus and Center for Community Economic Development Chesterfield VA
Movin’ Out, Inc. Madison WI
HomeOwnership Center, Inc. Elkins WV
Telamon Martinsburg WV