The National Association of Real Estate Brokers has released its “State of Housing in Black America Report,” which aims to provide a comprehensive annual analysis of Black homeownership and the historic barriers they face when seeking to purchase a home.
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According to the 2019 Survey of Consumer Finances conducted by the Federal Reserve, on average white families held just under a million dollars in accumulated wealth, while Black and Latino families had about $150,000 in wealth.
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A four-state collaborative of nonprofits has released a new report examining how state systems of debt collection, fines, and fees can create ‘downward spirals’ for low-income communities. Click through to read the full report.
Read More »The U.S. Department of Housing and Urban Development (HUD) announced that Brotman Enterprise, LLC will pay $25,000 as part of an agreement resolving allegations of discrimination. The Philadelphia-area real estate company settled with HUD as part of a Conciliation Agreement.
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