Karan Kaul plans to prioritize affordability for low-income buyers
Karan Kaul, Rocket Central's VP of public policy, will prioritize opportunities for buyers with difficulty accessing mortgage credit.
Source: housingwire.com
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The Skanner News - NAREB Wants Special Purpose Credit Programs to Bridge Black-White Homeownership Gap
In recent years, the United States has experienced the largest homeownership spread since 1890, with 44.6% of Black Americans owning a home compared to 74.2% of whites, a 29.6-point gap.
Source: theskanner.com
NAREB Wants Special Purpose Credit Programs to Bridge Black-White Homeownership Gap - Milwaukee Courier Weekly Newspaper
Only 45.3% of Black Americans owned their homes in 2022, compared to 74.6% of white people, according to NAREB.
Source: milwaukeecourieronline.com
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Black, Latino residents around Philly offered help buying first home
Freddie Mac's BorrowSmart Access program offers down payment assistance for first-time Black and Latino home buyers in the Philadelphia metro area.
Source: inquirer.com
St. Louis gets Freddie Mac's BorrowSmart Access program
The BorrowSmart Access program offers up to $3,000 to help with the down payment or closing costs on a mortgage for first-time Black and Latino homebuyers.
Source: stlpublicradio.org