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News Teleconference on the State of Latino Homeownership

News Teleconference on the State of Latino Homeownership

WHEN:
Thursday, Sept.21, 2006
2 p.m. EDT

WHO:
- David Seiders, Chief Economist, National Association of Home
Builders (NAHB)
- Henry G Cisneros, Former Secretary of the U.S. Department of
Housing and Urban Development, and Founder and Chairman of
CityView, a national real estate development company
- Dean Mon, NAHB National Vice President for New York and New
Jersey and President of D.R. Mon Group, Inc., Shrewsbury, N.J.

WHAT:
The recent growth in the number of Hispanic home buyers, the
nation's fastest-growing minority, has shifted the mix of new
housing production to reflect the requirements and preferences of
Latino households. Hispanics make up 15 percent of the total U.S.
population and are projected to account for 18 percent of the
nation's population by the year 2020.

NAHB Chief Economist David Seiders will address the impact of
Latinos on the overall housing market. CityView Chairman and
Former HUD Secretary Henry Cisneros will discuss the needs of this
growing segment of our nation and how it is driving change in
home and community design, as described in his new book, Casa y
Comunidad: Latino Home and Neighborhood Design (BuilderBooks.com,
2006). Hispanic home builder Dean Mon will moderate the call.

Members of the media will be invited to ask questions of all
speakers at the conclusion of their remarks.

To participate, dial toll free 1-800-860-2442 and ask for the
"NAHB Latino Homeownership" call. For your convenience,
presentations and reference materials will be available for download at
www.nahb.org/latinohomes, 10 minutes before the teleconference
begins.

For more information on logistics, please contact Liz Warin, at
800-368-5242, ext. 8495, or ewarin@nahb.com.
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