PARTNERS WITH LGBTQ + REAL ESTATE TO FIGHT DISCRIMINATION

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LGBTQ + Real Estate Alliance Signs Memorandum of Understanding (MOU) with the Asian Real Estate Association of America (AREAA) to work together to combat discrimination and hatred against LGBT + and Asian American Pacific Islander (AAPI) communities.

The Alliance also partners with diversity industry groups such as the National Association Hispanic Real Estate Specialists (NAHREP), dozens of state and local realtors® associations and industry leaders such as the National Association Mortgage Brokers and the National Association of Realtors®

The Alliance and AREAA will focus on raising awareness and supporting educational initiatives to create safer living conditions for their communities, while supporting each organization’s core goals of increasing home ownership among its constituencies.

“This is a moment of pride for AREAA as we can now provide even more support for LGBTQ + AAPI consumers and our members who may face additional cultural challenges in living their real lives,” said Amy Kong, President of AREAA. “In addition, efforts to promote diversity, equality and inclusion are gaining momentum, but there is still a lot of work to be done in our country. There is an African proverb that says, “If you want to go far, walk together.” For AREAA, working with the LGBTQ + Real Estate Alliance is the start of an important journey that will actually take us far – far from today’s hate. “

But for many Asian LGBTQ Americans and Pacific Islanders and their families, moving at the junction of two identities can be a balancing act between empowering their experiences and family traditions and managing the burdens that can arise from emphasizing that the family stands above the individual. “

Kong noted that Stop AAPI Hate recently reported that there have been more than 3,800 anti-Asian hate incidents in the US since the pandemic began, while HRC predicts 2021 will be the worst year for government action to tackle LGBTQ +: over 250 bills were introduced to state legislatures throughout the country.

“Our partnership with AREEA will leverage our shared experiences of victims of discrimination and hate to create powerful synergies that will drive change,” said Ryan Weyandt, CEO of LGBTQ + Real Estate Alliance. “It is well documented that the home ownership rate for the LGBTQ + community and the AAPI community is significantly lower than for the general population of America. This is largely due to discrimination on housing issues, which is often not reported and therefore not addressed, as well as a lack of understanding and education. “

The Williams Institute of the University of California Los Angeles and the US Census Bureau report that LGBTQ + and AAPI Americans have 49.8% and 59.5% homeowners, respectively, while census results show that the overall rate of homeownership among whites Americans is 65.6% and 74.5%.

As part of a memorandum of understanding, the organizations pledged to support each other in advocacy, thought leadership, events and membership promotion efforts.

About LGBTQ + Real Estate Alliance

The LGBTQ + Real Estate Alliance is a 501 (c) 6 non-profit organization dedicated to empowering the LGBTQ + community towards home ownership as we also speak on behalf of the housing community. Founded in June 2020, the Alliance is a comprehensive organization that works to improve the professional lives of its members through the Alliance’s public referral community. The alliance began accepting members in October 2020 and has over 50 chapters in the United States and Puerto Rico. For more information visit realestatealliance.org

About the Asian Real Estate Association of America (AREAA)

Founded in 2003, the Asian American Real Estate Association of America (AREAA) is a national, nonprofit trade organization dedicated to improving the lives of the Asian American and Pacific Islander (AAPI) community through home ownership. With over 17,000 members in 38 states, AREAA is the only trade organization that represents the diverse Asian American and Pacific Islander community and gives Asian real estate professionals a voice in a variety of political and business discussions affecting the real estate market and Asian American consumers. For information visit http://www.areaa.org/

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