FREDDIE MAC, AREAA, COUNTRYWIDE Team up with Nonprofits to help Asian Americans in Los Angeles Become Homeowners
(Los
Angeles,
CA)
Thanks
to
a
new
homeownership
initiative
made
possible
by
many
organizations
working
together,
Soo
Han
is
the
proud
owner
of
a
new
home
in
Winnetka,
Calif.
Han
is
one
of
several
individuals
who
have
become
homeowners
through
a
collaborative
community
effort
to
increase
homeownership
in
the
Korean
American
community
in
the
greater
Los
Angeles
area.
At a ceremony today at Youngnak Presbyterian Church, Freddie Mac (NYSE: FRE) and the Asian Real Estate Association of America (AREAA) officially kicked off the homeownership initiative with Korean Churches for Community Development (KCCD), the Koreatown Youth and Community Center (KYCC), Countrywide Home Loans and Mortgage Guaranty Insurance Corporation (MGIC).
This
homeownership
initiative,
which
began
last
year,
addresses
language
and
cultural
barriers,
lack
of
knowledge
about
the
homebuying
process
and
other
challenges
faced
by
Asian
Americans.
These
barriers
are
keeping
many
Asian
A Lifetime Achievement Award was presented posthumously to the late Sam Chu Lin by the Asian American Journalist Association during its annual convention.
The
AAJA
also
presented
Special
Awards
to
the
late
newspaper
owner
Chinn
Ho,
Bobbi
Bowman
and
Dmae
Roberts.
Excellence
in
News
Coverage
Awards
were
presented
to
honorees
in
eleven
categories.
Read
more
about
the
honorees
from
this
news
release
from
AAJA.
The
late
Sam
Chu
Lin
,
former
pioneer
broadcast
television
reporter
for
CBS
News
and
other
news
outlets
including
KTTV-TV
(LA),
KTLA-TV
(LA),
KRON-TV
(SF)
,
and
KOOL-TV
(PHX)
,
SF
Examiner
,
Asian
Week
and
The
recent
death
of
Steve
Jobs,
a
man
who
dared
to
dream
and
create
beyond
the
constraints
of
the
prevailing
consciousness,
brought
many
people
including
me
to
a
place
of
deeper
reflection.
What
does
it
mean
to
be
really
alive?
How
do
I
make
sure
that
I
am
living
my
highest
potential
every
day?
How
do
I
ensure
that
I
will
feel
at
peace
when
it
is
my
time
to
leave
this
planet?
“Your
time
is
limited,
so
don’t
waste
it
living
someone
else’s
life.
Don’t
be
trapped
by
dogma
—
which
is
living
with
the
results
of
other
people’s
thinking.
Don’t
let
the
noise
of
others’
opinions
drown
out
your
own
inner
voice.
And
most
important,
have
the
courage
to
follow
your
heart
and
intuition.
They
somehow
already
know
what
you
truly
want
to
become.
Everything
else
is
secondary.”
--- Steve
Jobs