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Home Ownership

April 1st Vantage Point: Newark Town Hall Meeting on “The Negro Removal Program of the 21st Century”

By Gentrification, Vantage Point Radio, Video/Audio

4/1/19 Vantage Point Radio. Topic: Newark Town Hall Meeting Gentrification, The Negro Removal Program of the 21st Century. Guests Fredrica Bey (New Jersey Coalition for Due Process and WISOMM, Newark, NJ) and Larry Hamm (Chairman People’s Organization for Progress, Newark, NJ).

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Combating Gentrification with Beloved Streets, The Mueller Report — March 25th Vantage Point Radio

By Gentrification, Vantage Point Radio, Video/Audio

3/25/19 Vantage Point Radio with Dr. Ron Daniels — Topics Combating Gentrification with Beloved Streets • The Mueller Report. Guests Melvin White (President/CEO, Beloved Streets of America, St. Louis, MO) Mark Thompson (Host of Make It Plain, SIRIUS XM, New York, NY)

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A study by the National Community Reinvestment Coalition found that coastal cities had the largest number of neighborhoods that were gentrified from 2000 to 2013.

D.C. has the highest ‘intensity’ of gentrification of any U.S. city, study says

By Editors' Choice, Gentrification

More than 20,000 African American residents were displaced from low-income neighborhoods from 2000 to 2013, researchers say. By Katherine Shaver, Washington Post — About 40 percent of the District’s lower-income neighborhoods experienced gentrification between 2000 and 2013, giving the city the greatest “intensity of gentrification” of any in the country, according to a study released Tuesday by the National Community Reinvestment Coalition. The District also saw the most African American…

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Lois Johnson, ceo and founder of of Salt Lake City, Utah-based United Security Financial (USF) and NAREB president Jeffrey Hicks(Front) sign the landmark $50 million agreement making down payment assistance funds available to expand homeownership opportunities for low and moderate-income Black American home purchasers. Witnessing the signing at NAREB's Mid-Winter Conference in Miami, FL are: (2nd Row, L-R) Lydia Pope, NAREB 1st VP; Sumari Barnes, personal assistant to LJ Jennings; Tim Johnson, VP, Secondary Markets, USF; Michael Grant, regional president, USF; LJ Jennings, president, NAREB Sales Division affiliate, and Robert Hughes, chair, NAREB board of directors.

Fund Commits $50 Million for Down Payment Assistance

By News & Current Affairs

National Association of Real Estate Brokers Sign Agreement with Minority-Owned Mortgage Company to Boost Black Home Ownership. MIAMI, Florida – At its recent Mid-Winter Conference in Miami, FL, the National Association of Real Estate Brokers (NAREB) signed a groundbreaking Memorandum of Understanding (MOU) with United Security Financial (USF), a minority-owned mortgage company headquartered in Salt Lake City, Utah to make down payment assistance more broadly available to Black American home…

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A woman shops for food at the St. Vincent de Paul food pantry in Indianapolis, Indiana.

Want to Eradicate Hunger in America? Take on Racism.

By Commentaries/Opinions

A new study found that people who experience discrimination are almost twice as likely as others to struggle with hunger. By Greg Kaufmann, The Nation — With more than 40 million people in the country struggling with hunger, anti-hunger advocates in the United States have their work cut out for them. In 2017, nearly 12 percent of all US households were food insecure—meaning they didn’t have access to enough food for all household members…

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‘Housing is central to the ‘good life’ in the United States.’

Housing market racism persists despite ‘fair housing’ laws

By Commentaries/Opinions

In the US, where homeownership speaks to class, African Americans are being denied mortgages at rates much higher than their white peers By Keeanga-Yamahtta Taylor, The Guardian — As a new year begins and the 2020 presidential election looms closer, our political focus will start to narrow around the issues thought to be most urgent and likely to mobilize voters. One issue surely to be glossed over, if not completely…

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Get Out: Toward an Honest Commitment to Racial Justice

By Commentaries/Opinions, Gentrification

By David J. Harris, Houston Institute Executive Director — Several weeks ago the Boston Globe published an opinion piece by editorial and staff writer David Scharfenberg in which he called for an “honest” commitment to racial integration. He dismissed the “gauzy 1963 version” of integration, insisted that “harping too much” on its virtues “can feel paternalistic,” and lamented the “disastrous busing experiment of the 1970s” which proved that “forced integration…simply doesn’t work.” Even so,…

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Neighborhood homes

Black Americans’ Homes Undervalued by Billions

By News & Current Affairs

By Teddy Grant, Ebony — Black Americans’ homes are routinely undervalued in the real estate market, according to a report by Brookings Institution and Gallup that was released Tuesday. In the report “The devaluation of assets in Black neighborhoods: The case of residential property,” homes in neighborhoods with a Black majority that are owner-occupied are appraised for lower prices, averaging $48,000 per home, writes Curbed. Such low appraisal prices translate…

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