NNPA NEWSWIRE — An effective strategy to overcome poverty in Black America is to increase homeownership and prevent racial hypersegregation. President Biden has pursued some regulatory actions to...
By Nate Johnson The rate of homeownership in the Black community hovers around 45%, a stark contrast to nearly 75% for White households. There are lawsuits,...
NNPA NEWSWIRE — Further, the wealth gap between Black and non-Black Americans has experienced only marginal growth, with African Americans possessing eighteen cents for every dollar...
WASHINGTON INFORMER — In the August 19 Federal Register, HUD proposed a new rule that would expand the disparate impact rule into a five-step process that...
CHICAGO DEFENDER — While statistics may paint a grim picture of Black homeownership, a recent event in Baltimore laid out a clear path for turning those numbers...
WASHINGTON INFORMER — The rate of Black homeownership in America – now at 41.1 percent, according to 2019 census numbers – is even lower than it was...
NNPA NEWSWIRE — According to the history of Juneteenth, on June 19th, 1865 and more than two years after President Abraham Lincoln signed the Emancipation Proclamation...
JACKSONVILLE FREE PRESS — An example of “de facto” segregation would be white concentration in a particular school district, simply because the surrounding neighborhood is predominately...
Cerita Battles, the senior vice president and head of retail diverse segments for Wells Fargo Home Mortgage, says that Wells Fargo is committed to doing what...
Millennials become driving force in housing as they transition from renting to buying.
Wells Fargo announced a commitment to create 250,000 African American homeowners by 2027; the mortgage giant also announced a plan to lend $60 billion for home...
A recent Economic Policy Institute study revealed that Blacks haven’t made any progress in homeownership, unemployment or incarceration in 50 years.
By Christopher G. Cox (Publisher/Managing Editor, realesavvy.com) For most people, the decision to purchase a home is the single biggest financial commitment they will make in...
By Charlene Crowell (Deputy Communications Director, Center for Responsible Lending) The late Langston Hughes created a masterful body of poetry in the 20th Century that spoke...
By Freddie Allen (Editor-In-Chief, NNPA Newswire) Airbnb, the housing marketplace that connects travelers with hosts in 65,000 cities and 191 countries worldwide, is now on a...
By Benjamin F. Chavis, Jr. NNPA Columnist What is important to 45 million Black Americans today should be important to all Americans. Yet, as the...
By Charlene Crowell NNPA Columnist This week in Houston, the nation’s oldest minority professional real estate trade association held its 68th annual convention. Founded in...
By Harry C. Alford NNPA Columnist Without argument the sub-prime mortgage crisis was the most devastating economic attack against Black America in history. We saw...
Kriston Capps, CITY LAB CHICAGO (The Atlantic’s City Lab) — The best time to steal someone’s home is at Christmas. That’s when folks find...
by Freddie Allen NNPA Senior Washington Correspondent WASHINGTON (NNPA) – Researchers studying the affects of public policy on the racial wealth gap estimated that the...
(CNN) – Owning a home is key to unlocking the American dream, but it’s much harder to achieve if you’re black or Hispanic. That’s according...