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...
Boosting Black Homeownership
In a recent report, the National Association of Realtors found that Wisconsin has the third lowest rate of homeownership among African Americans; as of 2018, only 23% of African Americans in Wisconsin owned homes, a staggering difference from the 71% of white citizens. The Urban League of Greater Wi...
Capital One Announces Impact Initiative
Capital One Announces Impact Initiative Capital One recently announced the launch of their new Impact Initiative to help boost communities of color. The Impact Initiative is Capital One’s commitment to “support growth in underserved communities and advance socioeconomic mobility by cl...
Homebuyers of Color are Held Back by a Lack of Down Payment Gift Money
When it comes to boosting black wealth, the disparity between white and African-American homeownership rates is a huge issue. A lot of factors play into these homeownership and wealth gaps, but one you may not have considered: Homebuyers of color are much less likely to receive funds as a gift from ...