It is vital to building Black wealth to remain proactive on the path towards higher homeownership rates. There is significant discrimination throughout the homebuying process, including discrimination from financial services against houses in predominately black neighborhoods. The National Associati...
NAREB’s “House Then The Car” Program Aims to Educate Black Youth About Homeownership
The National Association of Real Estate Brokers (NAREB) new program educates African-American youth on the importance of homeownership, financial skill, and the homebuying process. The campaign is titled “House Then The Car.” It aims to educate, empower and mobilize generations of Black millenni...
2 Texas Down Payment Programs to Check Out
2 Texas Down Payment Programs Do you want to buy a home in Texas, but not sure how much home you can afford? You are in luck, the Texas State Affordable Housing Corporation is offering two cool options for down payment programs. Homes for Texas Heroes Home Loan Program The first d...
1% Mortgage Proposal
William Ulrich and Dennis Paulaha have proposed what they call a “trickle-up economics plan” that would work to increase economic growth. Their solution is aptly named the 1% Mortgage Solution. It’s a plan to decrease mortgage rates to 1% so that more people can qualify for a home loan and r...
Small Dollar (Micro) Mortgages
The future of accessible and affordable housing is looking a little more promising with MicroMortgage Marketplace’s small-dollar mortgage program. Co-designed by Kentucky-based mortgage lender Fahe and HCA, MicroMortgage Marketplace aims to make homeownership more accessible to low- and middle-inc...