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View WebsiteThousands of Black homeowners have lost their homes in New York City over the past decade, and that number could increase if the economic consequences of the Coronavirus pandemic are multiplied. The Center for NYC Neighborhoods is developing transformative pilot programs to address the loss of Black homeownership in New York City, as well as to identify and promote existing organizations and resources.
View WebsiteAt Break the Box it is our mission to create bold approaches that reduce the homeownership gap by building equity and wealth ecosystems that benefit all stakeholders . Targeting minority young professionals we aim to add up to 65 new homeowners to the Austin Area yearly. Over ten years, with a goal of 1000 new homeowners, we can reduce the 20% homeownership gap in Austin by upwards of 2%. This ensures that black and brown communities, who have the largest disparities in homeownership, participate in the dynamic growth of Austin and the state of Texas.
View WebsiteTransforming neighborhoods through homeownership education and providing quality and affordable housing Owner:@virgin_i
View WebsiteThe Building Black Wealth campaign is CalHFA's initiative to increase Black homeownership in California. Looking at homeownership through a lens of equity, Black homeownership is far behind. Our campaign provides educational materials, and connections to resources such as free housing counseling and down payment assistance to help close that gap.
View WebsiteCiti is combining the talent and capabilities of our institution like never before to help close the racial wealth gap and increase economic mobility in the U.S.
View WebsiteCCM launched its flagship fund, the CRA Qualified Investment Fund, in 1999, to help banks meet the investment test requirements of the CRA. The initial goal of the CRA was to reverse the effects of redlining and decades of disinvestment, by strengthening existing chartering laws that required banks to sufficiently address the banking needs of all the members of the communities they served. For over 21 years, CCM has purchased hundreds of thousands of customized agency mortgage-backed security (MBS) investments benefiting LMI borrowers, many of which are minority borrowers, including Black individuals and families.
View WebsiteMarcia and Jim Griffin launched HomeFree-USA in 1994 with a vision to close the homeownership gap by giving people the guidance they need to achieve and sustain homeownership. As the owner of the largest African American mortgage servicing company in the country, National Loan Service Center, Jim was devastated by the high rates of default among borrowers of color. 26 years later, HomeFree-USA is still on the frontlines serving the diverse interests of 6.3 million consumers through its national intermediary network. We connect government, the real estate finance industry, and consumers to create new homebuyers, sustainable homeowners, affordable homes and revitalized communities.
View WebsiteMaking the economy work for more people is a key focus for JPMorgan Chase. As part of that mission we launched Advancing Black Pathways—an initiative that builds on our existing efforts to help the black community chart stronger paths towards economic success and empowerment.
View WebsiteLanded was started in 2015 to uphold those who uphold others: our educators, healthcare workers, and first responders. In expensive cities, high land prices make it difficult for many individuals to become the long-term residents our communities depend on. If we want stronger schools and safer communities, we need to support those who make it possible.
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