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	Families who have benefited from the Mi Casa Program
	Bilingual Yellow Pages Mi Casa provides down payment assistance to Bilingual Yellow Pages Clients

	"Increasing Minority Homeownership in America"

"The single biggest barrier to homeownership is accumulating funds
for a downpayment."

Home ownership rate rises locally and nationally

According to President Bush's conference on Minority Homeownership, "The single biggest barrier to homeownership is accumulating funds for a down payment." Additionally, the conference noted that although homeownership is at an all-time high of 68%, non-Hispanic whites have a 74.3% homeownership rate, while African-Americans have a 48% rate, Hispanics a 47.6% rate, and Asian-Americans and other races a 53.7% homeownership rate. This represents more than 25 percentage points below the non-minority homeownership rate.

The rate of home ownership in the United States hit a high record of 68.4 percent in the third quarter, according to Census Bureau data and MarketWatch report.

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