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An Orlando Sentinel analysis of newly available data shows that when Black residents are the largest racial group in a ZIP code, the eviction rate is likely to be significantly higher than in most predominately white ZIP codes nearby.
2021Fair Housing: Restoring HUD Rules and Revenues Nearly $9 billion boost in discretionary funds to support CDBG, homelessness By Charlene Crowell Charlene Crowell (Courtesy photo) Although the month of April is annually observed as Fair Housing Month, the reality for Black America and other people of color is that housing has not significantly changed since the 1968 federal enactment of the Fair Housing Act. Its enactment came seven days after the assassination of Dr. Martin Luther King, Jr. who had strongly advocated fair and open housing. But 53 years after an historic enactment, race...
Inman Connect Acknowledging that the rate of mortgage applications and originations declined for Black and LatinX customers during the pandemic, Citigroup Inc. says it’s investing in digital mortgage capabilities to better reach all communities, while also expanding mortgage programs that help make down payments and closing costs more manageable for borrowers. Citi says it wants more homebuyers to take advantage of its HomeRun mortgage program, which lets borrowers make down payments as low as 3 percent without taking out mortgage insurance, and its Lender Paid Assistance program, which pro...
Biden exercised presidential authority and $68.7 billion was awarded to HUD for fiscal year 2022; a $9 billion increase above 2021 funding, expected. *Although the month of April is annually observed as Fair Housing Month, the reality for Black America and other people of color is that housing has not significantly changed since the 1968 federal enactment of the Fair Housing Act. Its enactment came seven days after the assassination of Dr. Martin Luther King, Jr. who had strongly advocated fair and open housing. But 53 years after an historic enactment, race and place remain the determining f...
Black America Needs a ‘New Normal’: Equitable Credit Access to Build Wealth By Charlene Crowell Charlene Crowell Over the past year, the COVID-19 pandemic has imposed dual crises. Over 542,000 Americans lives were lost and continue to increase. At the same time, the rippling effects of a massive economic downturn has caused the nation to lose 9.5 million jobs – more losses than even those of the Great Recession, finds the University of New Hampshire’s Carsey School of Public Policy. Although many officials have called for a ‘return to normal’, millions of small businesses and com...