Home ownership is the gold standard when it comes to safe investments, and for low-income residents it can be a reliable vehicle to build generational wealth. But in terms of wealth inequality, how far does homeownership go toward closing the ...
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The nationwide grant includes approximately 7,000 new and renewed grants aimed at assisting individuals and families experiencing homelessness move into permanent housing with access to supportive services.
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The high prices and record-low inventories that have been dominating the market for the last year are not doing much to address the plight of Black Americans whom want to own a home. According to the National Association of Realtors ...
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To address and reduce the racial gap between in home ownership and wealth-building, the Urban Institute and the Federal Home Loan Bank of San Francisco (FHLBank) have committed $1.5 million to a new program called “Racial Equity Accelerator for Homeownership” which will “develop and incubate innovations in housing finance, including underwriting and financial technology.” "The ...
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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.
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Marc Morial, President and CEO of the National Urban League and former the Mayor of New Orleans, proposes some ways to close the economic gaps between races and reform the housing finance system in America.
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