The Power Is Now Magazine | May, 2022

Page 50

COVER STORY

Mary Ellen Shay Executive Director of the California Association of Local Housing Finance Agencies The 21st century has seen remarkable progress in the development and economic prosperity of modern-day women. Can you believe it, we have a woman vice president! And that’s not all, some top executive offices are now womenled and today, we are looking at one a phenomenal woman who I have known personally and professionally. MARY ELLEN SHAY’S JOURNEY IN REAL ESTATE Mary Ellen Shay the Executive Director of the California Association of Local Housing Finance Agencies, a position she has held for 31 years. Mary began her career as a VISTA volunteer in 1970. She worked in Shasta County and founded the Self Help Home Improvement Project with her VISTA colleagues. She has worked at the local, state, and federal levels in developing affordable housing and has had a private consulting business since 1986. However, behind this remarkable success, Mary has seen it all, she was there when discrimination was still ‘legal’ and helped form the infrastructure that would later come to fight redlining in the country. BUT HOW DID SHE GET STARTED? She came to Confront Redlining and Discrimination Heads-on! 50 | MAY 2022

Mary came into the housing market when redlining was widely practiced and accepted in the country. This had been a practice ‘encouraged’ by the federal government and was explicitly designed to segregate the country’s housing stock. At the time Ellen was coming into the industry, the housing market could only be described in terms of ‘red’ and ‘green’ areas. What had been happening in the years prior to the late 60s was that the government efforts were focused to provide housing to the white, middle-class, lower-middle-class families. Other people of color were left out of the new suburban communities. This was the environment back then. Mary began her career in housing in 1969. She was hired by the Southern Alameda County Economic Opportunity Agency, which was part of the Federal Poverty Program instituted by the thenpresident Lyndon Johnson in the 60s. This was


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Articles inside

3 ways mortgage lenders can attract more AAPI homebuyers .

3min
pages 118-119

Creating awareness around Cancers Hepatitis B, and Diabetes – the leading causes of death in the AAPI community.

5min
pages 120-124

New Haven real estate market outlook Appreciation trends, by Steven Rivkin.

4min
pages 116-117

Newburgh market analysis: Appreciation trends for 2022, by Sandra Cotthaus.

4min
pages 114-115

Investing in homeownership with the Asian American community, by Norman Green.

6min
pages 111-113

Silver Spring market overview: Home appreciation data and trends for 2022, by Rose Ogbonna.

3min
pages 108-110

The state of Nashville housing market in 2022: More price increase, by Marqueze Williams.

2min
pages 106-107

The state of housing in Brooklyn New York, by Harriet Robertson

3min
pages 100-101

The best tips for financially distressed homeowners, by Janet Petrozelle.

2min
pages 102-103

How to create an impression of value of your house in the minds of home buyers, by John Costigan.

3min
pages 104-105

Real Estate market overview: Lino Lakes Minnesota appreciation data and trends 2022, by Francine Marsolek.

3min
pages 97-99

South Haven MS housing market trends by Edwin Engelke.

3min
pages 93-96

Overview of the Hampton Real Estate Market in 2022, by Connie Watson.

3min
pages 90-92

This is how you can support the AAPI community in the Bay Area, by Briana Frazier.

3min
pages 87-89

AAPI Heritage Month in Chula Vista: what does AAPI Heritage Month mean to me?, by Candace Thrower.

3min
pages 83-86

The state of housing for the Hispanics in Sacramento CA, by Serina Lowden.

2min
pages 79-82

Celebrating Cinco De Mayo in Corona CA, by Kamesha Keesee.

3min
pages 71-74

The State of Hispanic population in Long

3min
pages 75-78

5 important steps to improving your credit for homeownership, by Ian Batra.

5min
pages 67-70

Homeownership trends appreciation data and forecast for the Latino community in Corona CA, by Jenny Gonzalez.

3min
pages 63-66

Expanding homeownership opportunities for Latinos in Riverside County, by Ruby Frazier.

4min
pages 47-49

Mary Ellen Shay, Executive Director of the California Association of Local

17min
pages 50-62

The housing experiences for the AAPI community in Los Angeles, by Adrian Bates.

2min
pages 45-46

5 reasons why homeownership investment is the best financial investment, by Walter Huff.

4min
pages 41-44

Where in Phoenix can you celebrate the AAP Culture?, by Yvonne McFadden.

4min
pages 33-36

Ending housing discrimination in the AAPI Community in the rental and home buying process.

7min
pages 12-15

Steps To tackle your debt and start real wealth accumulation, by Tamra Lee.

6min
pages 37-40

Cinco de Mayo celebrations in Florida, by Adriana Montes.

3min
pages 29-32

Celebrating the AAPIS in Maryland

1min
pages 27-28

At least 31% of AAPIs are likely to face employment discrimination –the largest share of any group.

3min
pages 10-11

How can we help vulnerable AAPIs afford a home in Texas, by Sharon Bartlett.

3min
pages 21-26

Green building technology in California

5min
pages 8-9
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