LHI's mission is to close the homeownership
gap for Latinos and
other low-income individuals and families
through education and down payment assistance grants.
The
Latino population in the Portland metro area is flourishing
with more families moving into the area to join those already
well established here. One key to their success will be buying
a home. Homeownership is the most stable wealth-building tool
for a family. Yet, the current homeownership rate for Latinos
in Oregon is about 37%, which is significantly less than the
national and statewide average, according to 2000 Census data.