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State-Supported "Clean Energy" Loans Are Putting Borrowers At Risk of Losing Their Homes — ProPublica

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Diana Thomas needed a new furnace and four small basement windows for her two-story home on the east side of Kansas City. But she had little cash and bad credit. In late 2016, a contractor told her about a loan program that required no money down and would let her pay off the balance over time as part of her annual property tax bill. Her first payment woul...
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House Committee Approves Bill to Study Reparations for Black Americans

AP Photo/J. Scott Applewhite A House committee approved a bill Wednesday to study reparations for descendants of enslaved people. First introduced in 1989, the bill will now head to the full House for a vote for the first time. The bill passed the committee without any Republican votes and faces an uphill battle in Congress. The House Judiciary Committee approved a bill on Wednesday that would establish a commission to study providing Black Americans with reparatio...
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Black Millennials Are Buying More Homes Than Previous Generations

Black Millennials Are Buying More Homes Than Previous Generations (Credit: iStock) Black millennials (those between the ages of 26 and 39) are buying homes at a considerable rate despite the coronavirus pandemic. A report from the National Association of Realtors shows that out of first three quarters of 2020, 5% of home buyers were Black people, Business Insider reported. This is a slight increase from 2019, which was at 4%. However, the most impressive suggestion is Census data show Black mi...
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Black Americans Face Systematic Bias Homeownership

David Paul Morris/Getty Images Amid a global pandemic, Black millennials led a boom in African American homeownership in 2020. But racial disparities in wealth, education, employment, and homeownership still persist for Black Americans. Homeownership is "going to be a challenge for all millennials, but mostly for Black millennials," an expert told Insider.  During a pandemic that hit Black communities hard, millennial buyers represented the bulk of African America...
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As Amazon union vote count drags on, activists say "this is everybody's fight"

As Amazon union vote count drags on, activists say "this is everybodys fight" By Musadiq Bidar Updated on: April 6, 2021 / 9:35 PM / CBS News The public portion of the vote counting process to determine whether workers in a Birmingham, Alabama suburb will form the first-ever union at an Amazon warehouse is estimated to begin this week. The election will affect the 6,000 employees at the Bessemer warehouse. But the final results could be delayed because both Amazon and t...
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An Illinois Suburb's New Housing Program Could Offer Roadmap to Reparations – Courthouse News Service

Evanston, Illinois, recently launched a reparations initiative for eligible Black residents. Some experts say it’s headed in the right direction, while others question whether it can be considered reparations at all.  Photo from the 2018 Black Business Expo and Marketplace, courtesy of Black Business Consortium Evanston North Shore (BBCENS), via Courthouse News. (CN) — On March 19, Evanston, Illinois, became the first city in the U.S. to compensate Black Americans for slavery. The Eva...
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