Hispanics and the Homeownership Divide

The majority of Latino Americans aspire to homeownership. Community activists say so, and surveys bear them out: 70 percent of Hispanic respondents to the Zillow Housing Confidence Index Survey say owning their own home is necessary to live the American Dream. ... Some organizations offer solutions like zero-interest loans that small groups of immigrants lend to one another, for the purp ...

Celebrating Princeton’s Latino alumni

On Thursday night, José Quiñonez, a 1998 graduate alumnus, kicked off the conference with the talk "Out of the Shadows: My American Story." Quiñonez has a master's in public affairs from the Woodrow Wilson School of Public and International Affairs. READ MORE ...

How will Trump make Mexico pay for the wall?

"This is money from the folks that are cleaning our houses, washing our dishes, people that are babysitting kids here as a way to help support their families back home," said José A. Quiñonez, a MacArthur "genius" grant recipient whose organization helps the undocumented get access to financial services. By James Dennin READ MORE ...

The Resistance

José Quiñonez’s nonprofit MAF (Mission Asset Fund), which pools members’ money together to provide zero-interest loans to the “financially invisible,” will soon expand statewide to lend money specifically earmarked for naturalization fees. “Revolutions don’t start with cynics,” he says. By Jason Madara and George McCalman READ MORE ...

From Tandas to Bank Loans

José Quiñonez created an organization to help unbanked low-income immigrants establish credit history to be able to get credit cards, take out loans, buy a car, or rent an apartment. The former undocumented immigrant works with credit bureaus to get them to accept the practice of tandas or cundinas and other informal lending circles. His organization operates in 17 states and his model is bein ...