Texas Senate Bill SR655

Texas 2019 - 86th Regular

Caption

Recognizing May 1, 2019, as Asian Real Estate Association of America Day.

Impact

By recognizing AREAA, the resolution aims to acknowledge the importance of diversity in the real estate market. It emphasizes the efforts made by the organization to reduce barriers for Asian Americans in pursuing home ownership. This acknowledgment can foster an environment that encourages inclusion and equity in housing opportunities across Texas. It reflects growing recognition within state legislature circles about the demographic shifts and the necessity for supportive frameworks for minority communities within the real estate sector.

Summary

Senate Resolution No. 655 celebrates the contributions of the Asian Real Estate Association of America (AREAA) and recognizes May 1, 2019, as Asian Real Estate Association of America Day at the Texas State Capitol. The resolution highlights AREAA's mission of promoting sustainable home ownership and property investment for Asian Americans while increasing business opportunities for professionals within this community. Established in 2003, AREAA has grown to encompass over 17,000 members and serves as the only trade association dedicated to advocating for the needs and interests of Asian American real estate stakeholders.

Contention

While Senate Resolution No. 655 is primarily celebratory, it may indirectly raise discussions about the broader issues concerning housing accessibility and the need for inclusive policies in real estate practices. By bringing attention to the Asian American community's contribution to the real estate market, the resolution underscores the importance of tackling challenges that prevent equal access to housing. However, it is crucial that this recognition is matched with actionable policies that address systemic barriers faced by minority communities in home ownership and property investment.