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Housing

Black child holding coins - Serede Jami / Eyeem / Getty Images

Black Americans’ Median Wealth Could Disappear in One Generation

By Editors' Choice

By Adam Hudson, Truthout — It’s no secret that, as the saying goes, “The rent is too damn high.”Across the nation, housing is becoming increasingly expensive for many Americans. But the story of the present-day housing crisis is not just a story of rising rents; it’s also a story of systemic racism. Today’s rising housing prices exacerbate the racial wealth gap in the US by making it more difficult for Black…

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Sonja Bonnett and other members of the Coalition to End Unconstitutional Tax Foreclosures in front of Bonnett's new Detroit home, which the group acquired for her.

“Make it right”: Coalition wants reparations for Detroit’s “unconstitutional foreclosures”

By News & Current Affairs, Reparations

By Sarah Cwiek, Michigan Radio — One Detroit family celebrated getting a new home Thursday, as they also called for other families like them to receive similar compensation as victims of what they call “illegal” foreclosures. The Bonnett family lost their home to property tax foreclosure in 2015. Nearly one in four Detroit properties was tax-foreclosed between 2011 and 2015. Some researchers, led by Illinois Institute of Technology and visiting…

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For People of Color, Banks Are Shutting the Door to Homeownership

For People of Color, Banks Are Shutting the Door to Homeownership

By News & Current Affairs

By Aaron Glantz and Emmanuel Martinez — Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts. This modern-day redlining persisted in 61 metro areas even when controlling for applicants’ income, loan amount and neighborhood, according to a mountain of Home Mortgage Disclosure Act records analyzed by Reveal from The Center for Investigative Reporting.

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Cong. John Conyers of Detroit, honorable host of the CBC’s Reparations Braintrust and author of HR40 welcomes members of the NAARC and Chairman of the CARICOM Reparations Commission Prof. Sir Hilary Beckles.

NAARC Rolls Out Preliminary 10 Point Reparations Plan

By NAARC News, Reparations

The National African American Reparations Commission (NAARC) Rolls Out a Reparations Plan at the 2015 Congressional Black Caucus Conference. Preamble: No amount of material resources or monetary compensation can ever be sufficient restitution for the spiritual, mental, cultural and physical damages inflicted on Africans by centuries of the MAAFA, the holocaust of enslavement and the institution of chattel slavery…

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