At a convening called by the National Alliance to Close the Wealth Gap, a broad coalition of advocates and experts called for urgent action to address the U.S.’s growing housing affordability and supply crisis, a crisis that is squeezing renters and pushing homeownership out of reach for working families. Inadequate housing supply remains a critical ...

The bank has extended its new product and resource offerings to help homeowners and support first-time buyers, minorities and veterans on the path to homeownership     Chase Home Lending announced the expansion of its $5,000 Homebuyer Grant Program to include additional Hispanic and Black communities in 16 markets. This expansion means that the grant is now ...

By Aldon Thomas Stiles California Black Media Earlier this month, the California Housing Financing Agency (CalHFA) and the Sacramento branch of NeighborWorks held a press conference at the State Capitol to announce the expansion of California’s mortgage relief program. “Over the past year, the California Mortgage Relief program has been helping Californians that are most ...

Habitat for Humanity By Dianne Anderson Those who think they can’t afford a house right now might want to think again. Habitat for Humanity L.A. recently finished its 10-home development, “Millennium Homes” on 14th Street between Pine and Pacific Ave., with new families set to move in by year’s end. Next up, Dinesa Thomas-Whitman said ...

The rapid rise in pandemic-driven telework could make first-time homeownership most broadly accessible to black renters compared to other renters, based on factors including income, the makeup of local industries, geography and more, a November Zillow analysis suggests. Zillow research found that, of the nearly 2 million U.S. renters who are able to take advantage ...

By Dianne Anderson When it comes down to what’s good for the Black community and the function of the ministry in lifting up the people, Rev. Frank Jackson says it’s important not to forget about the money. At times, he takes flack for his strong focus on wealth acquisition and preservation, but without it, he ...

By Dianne Anderson Nothing quite raises the blood pressure like sinking under bad credit problems, or having to come up with tens of thousands of dollars to get through the homebuyer process. Or, probably worst of all, losing a home to imminent foreclosure. With that in mind, National Investment Division – Housing Counseling Agency San ...

By Hazel Trice Edney (TriceEdneyWire.com) – The rate of Black homeownership in America – now at 41.1 percent, according to 2019 U. S. Census numbers – is even lower than it was when the U. S. Fair Housing Act was signed into law 51 years ago on April 11, 1968. This means Black homeownership is ...

By Charlene Crowell Do you ever get the feeling that when it comes to news about the nation’s economy you’re in a different world? I certainly do. And what’s more, I think much of America – especially Black America — feels the same. A decade has passed since the housing collapse.  In that time, bank ...

Homeownership, Financial Education By Hazel Trice Edney (TriceEdneyWire.com) – The housing crisis that caused more than nine million people to suffer foreclosure and even homelessness due to the economic slump across the U. S. 10 years ago, has now fully recovered for everyone – except people of color – especially African-Americans. “Black people are moving ...