Campaign Aims To Boost Hispanic Household Wealth

Campaign Aims To Boost Hispanic Household Wealth
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MEXICO CITY, MEXICO: Henry Cisneros, chairman of American City Visa and former US Housing and Urban Development Secretary, delivers a speech during the opening ceremony of the First Forum on Binational Thought, about Mexicans living in the US, held in Mexico City, 28 April 2004.c AFP PHOTO/Hector GUERRERO (Photo credit should read HECTOR GUERRERO/AFP/Getty Images)

A national group that plans to mount a multiyear campaign to improve income and household wealth among Hispanic families pointed to Arizona on Monday as a potential leader in that effort.

“Arizona has a major economic engine at work through its fast-growing Hispanic population,” said former Housing and Urban Development Secretary Henry Cisneros, who joined the National Association of Hispanic Real Estate Professionals to kick off a campaign that aims to triple Hispanic household wealth within the next decade.

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Before You Go

Latino Winners And Losers In Congressional Elections
Ted Cruz (R-TX)(01 of31)
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The Cuban-American conservative who's faced offensive attacks against his Hispanic background became the first Latino from Texas to hold a U.S. Senate seat. (credit:AP)
Richard Carmona (D-Ariz.)(02 of31)
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He waged a competitive campaign and mobilized an emerging Latino electorate, but the former surgeon general lost his Senate seat bid by 80,000 votes to Republican Jeff Flake. (credit:AP)
Raul Grijalva (D-Ariz.)(03 of31)
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Tucson's Raul Grijalva did not face much of a challenge from Republican challenger Gabriela Saucedo Mercer. (credit:AP)
Xavier Becerra (D-Calif.)(04 of31)
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Obama surrogate Xavier Becerra trounced his opponent, winning some 86 percent of the vote. (credit:Getty Images)
Tony Cardenas (D-Calif.)(05 of31)
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The former Los Angeles City Councilman will take a seat in Congress. (credit:Getty Images)
Grace Flores Napolitano (D-Calif.)(06 of31)
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Incumbent Flores Napolitano retained her seat. (credit:AP)
Linda Sanchez (D-Calif.)(07 of31)
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The incumbent held her seat. (credit:AP)
Gloria Negrete McLeod (D-Calif.)(08 of31)
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State Senator Gloria Negrete McLeod unseated fellow Democrat Joe Baca. (credit:AP)
Joe Baca (D-Calif.)(09 of31)
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The incumbent won't have a seat in Congress next year after losing to State Senator Gloria Negrete McLeod. (credit:AP)
Loretta Sanchez (D-Calif.)(10 of31)
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Sanchez will become a U.S. Representative. (credit:AP)
Jose Hernandez (D-Calif.)(11 of31)
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Former astronaut Jose Hernandez came up with 46 percent of the vote -- not enough to defeat his Republican challenger. (credit:AP)
Abel Maldonado (R-Calif.)(12 of31)
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California's Lt. Gov. Maldonado came up short in his bid to enter Congress. (credit:Getty Images)
Juan Vargas (D-Calif.)(13 of31)
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The former state senator moved up a notch to the House of Representatives. (credit:Getty Images)
Joe Garcia (D-Fl.)(14 of31)
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South Florida got a Cuban-American Democrat for U.S. Rep. when Garcia defeated incumbent conservative David Rivera. (credit:Getty Images)
David Rivera (R-FL)(15 of31)
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Facing a campaign finance scandal, Rivera lost his congressional seat to fellow Cuban-American challenger Joe García. (credit:AP)
Ileana Ros-Lehtinen (R-Fl.)(16 of31)
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The Cuban-American former chair of the House Foreign Relations Committee is back for another term. (credit:Getty Images)
Raul Labrador (R-Idaho)(17 of31)
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Labrador's still representing Idaho voters in Congress. (credit:AP)
Luis Gutierrez (D-Il.)(18 of31)
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The immigration reform champion cruised to reelection. (credit:AP)
Ben Ray Lujan (D-N.M.)(19 of31)
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The Democratic U.S. Representative cruised to an easy victory. (credit:AP)
Michelle Lujan Grisham (D-N.M.)(20 of31)
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Lujan Grisham has become Albuquerque's newest Congresswoman. (credit:AP)
Michelle Lujan Grisham (D-N.M.)(21 of31)
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The New Mexico Democrat owes her seat in Congress in part to New Mexico's large Latino population. (credit:AP)
Albio Sires (D-N.J.)(22 of31)
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The Cuban-American U.S. Rep. retained his seat. (credit:AP)
Robert Menendez (D-N.J.)(23 of31)
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New Jersey Cuban-American Bob Menendez is still a U.S. senator. (credit:Getty Images)
Nydia Velazquez (D-N.Y.)(24 of31)
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The incumbent New York U.S. Rep. kept her seat. (credit:AP)
Jose Serrano (D-N.Y.)(25 of31)
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The incumbent congressman retained his seat. (credit:AP)
Joaquin Castro (D-Tx.)(26 of31)
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Joaquin Castro, the brother of Democratic Caucus sensation Julian Castro, won himself a seat in the House of Representatives. (credit:AP)
Pete Gallego (D-Tx.)(27 of31)
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The San Antonio politician heads to the House of Representatives. (credit:AP)
Francisco Canseco (R-Tx.)(28 of31)
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Francisco Canseco won't be headed to Washington this year. He was defeated by Democrat Pete Gallego. (credit:AP)
Henry Cuellar (D-Tx.)(29 of31)
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Winner! (credit:AP)
Jaime Herrera Beutler (R-Wa.)(30 of31)
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Winner! (credit:Getty Images)
Lucille Roybal-Allard (D-Calif.)(31 of31)
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The incumbent retained her seat. CORRECTION: A previous version of this caption incorrectly stated Ms. Lucille Roybal-Allard's political affiliation and state. She's a California Democrat. (credit:Getty Images)