The Asian Real Estate Association of America (AREAA) Denver Chapter hosted its 2026 Installation Gala on April 29 at the Ellie Caulkins Opera House, convening business leaders, real estate professionals, and community advocates.
The launch of the AREAA Denver Affordable Housing Fund, which supports income-restricted homeownership and rental opportunities across the region, was a highlight of the event. The gala also marked the installation of AREAA Denver’s 2026 Board of Directors, led by Chapter President Brenda Barrett, while serving as a critical funding mechanism for the chapter’s local and national initiatives.
Proceeds from the gala helped underwrite AREAA Denver’s participation in the 2026 AREAA National Policy Summit in Washington, D.C., where members met with Congress to advocate for expanded homeownership and economic opportunity for AANHPI communities.
At the Policy Summit last month, AREAA leaders advocated for a national three-point plan addressing key barriers facing AANHPI homebuyers:
- Language Access — AREAA supports the Language Access for All Act, aimed at restoring and expanding translation resources in the mortgage process. Research shows AANHPI borrowers face higher denial rates despite similar financial profiles—disparities that limit access to homeownership.
- Housing Supply — With the United States facing a shortage of approximately 4.5 million housing units, AREAA supports bipartisan legislation including the Housing for the 21st Century Act and the More Homes on the Market Act, designed to increase housing availability through regulatory and tax incentives.
- Protection of Property Rights — AREAA is advocating for the Preemption of Real Property Discrimination Act, addressing the resurgence of discriminatory laws restricting property ownership based on national origin—policies that threaten long-term wealth-building opportunities for immigrant communities.
“At the policy level, these conversations are critical,” said Ivy Ngo, Policy Chair of AREAA Denver and an attorney specializing in complex civil litigation. “The barriers we’re addressing—language access, housing supply, and property rights—directly impact whether families have a fair opportunity to build generational wealth through homeownership.”
Homeownership remains one of the most powerful drivers of generational wealth in the US, with AANHPI homeowners building a median of $180,000 in wealth within five years and up to $500,000 over twenty years.
“This is about ensuring access to opportunity remains within reach,” said Brenda Barrett, Chapter President of AREAA Denver. “Our work locally connects directly to national conversations that shape the future of housing and economic mobility.”
The Asian Real Estate Association of America (AREAA) is a national nonprofit organization dedicated to expanding sustainable homeownership and economic opportunity for AANHPI communities.
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