Recent News:
FMCRC Press Release: Tampa Targets Low Income Home Owners For Racial Gentrification in areas near downtown Tampa. FMCRC seeks Legal and political remedy to protect these targeted minority families
Click here for press release
FMCRC Assets & Hope Host Baltimore Summit on Addressing Baltimore African American housing blight and rising racial wealth gap in Baltimore. Federal banking and housing regulators, faith based and nonprofit leaders and African American community activists pack the Baltimore African American Museum to have their voices heard
Click here for a recap and photos
President Trump and Republicans Attack Mexican Americans & Mexicans With Building The Wall of Shame. The Wall Will Become A Symbol of Racism. FMCRC Chair Al Pina States “Mexican Am I” I Stand With Mexico and All South Americans
Click Here For Mexican Am I Statement
FMCRC Assets & Hope Chair Al Pina work with Baltimore African American leaders to address rising racial wealth gap in Baltimore due to lack of African American home ownership & home equity. They announce the “Baltimore African American Home Ownership & Home Equity Symposium” on February 10th in Baltimore. (Click Here For Event Flyer)
Tampa Mayor Bob Buckhorn Targets Black Neighborhoods (near downtown) For Racial Gentrification. All White Tampa
Historic Board Create Historic Overlay Districts With Costly Housing Rehab Expense That Force Sales By Minorities
Click Here For FMCRC Letter To Mayor Buckhorn
2015 Federal Home Lending Data By Florida Banks Released. Top Banks fuel widening Racial wealth gap. Bank of American Discriminates Against African American home buyers Click here for copy of breakdown of 2015 Racial Home Lending Report
Washington DC Housing officials (FHFA, FannieMae, FreddieMac & NCST) Tour FMCRCTampa Housing Projects that Focuses on Raising Home Values in Minority Communities To Address The Rising Wealth Gap. To Date, FMCRC Has Been Successful in Raising Minority Home Values By Over $220 million dollars.
(click on this for attachment with photos and tour highlights)
Federal Reserve Board (Washington DC) Meets with FMCRC & Florida Minority Leaders in Miami to Discuss Rising Racial Wealth Gap and Racial Economic Exclusion By Banks. Meeting was result of FMCRC letter sent to Federal Reserve Board Chair Janet Yellen
Click Here For Meeting Recap and Photos
FMCRC Chair Al Pina Demands National Minority CRA Summit in DC; Official Letter to Federal Reserve Board Chair Janet Yellen (Proposed Hunger Strike) Click Here For Copy of Letter
FMCRC Goes After Bank of America CEO Brian Moynihan for Racial Economic Racism Bank of America Small Business and Home Loans to Minorities under 6% of all major U.S. Cities:
Click Here For BofA 2014 Home Lending To Minorities: Economic Racism
Click Here For FMCRC Cartoon of Moynihan Economic Racism
2014-2015 FMCRC-SDMCRC Annual Report: Click Here For Copy of Report
FMCRC-CCB Request Congressional Investigation of Bank of America on Predatory Lending To Latinos and Blacks as part of City of Miami Federal Lawsuit Against BofA. Click Here For Copy of Congressional Letter
FMCRC Creates and Leads Launch of Florida First Race Based Race Focused Community Development Fund to Fight Poverty With New Market Driven Non Profits. FMCRC Calls on Wells Fargo and Bank of America to Conduct National Racial Audit of Community Funds they Invest into Click Here For Copy of Press Release
Florida Racial Wealth Gap Report: Rebuilding Minority Communities: Click here for copy of report
Federal Reserve Chair Janet Yellen states rising income inequality harmful to United States. Federal Reserve Study (Income Inequality/Racial Income Inequality):
- 2010-2013: White Median Net Worth +2% ($142,000) San Diego +4% ($168,200) Florida +3 ($157,330)
- 2010-2014 Minority Net Worth -17% ($18,100) San Diego -27 (12,300)
Florida -21 ($16,600)
For link to Federal Reserve Study and Rising Racial Wealth Gap: click here
Federal study shows racial wealth gap grows under minority President. Click here for recap of report
Florida Racial Wealth Gap Summit Coming to Tampa in September. Will address economic impact on Florida future economy. Click here for save the date flyer
University of Berkley study (HAAS Institute) show Florida #2 with homes underwater with minorities leading the way. Click here for study of report
Harvard study finds minority home purchases & ownership down significantly in 2012. Click here for copy of study
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