Financial Assistance

The racial gap in the homeownership rates for Black communities compared to white communities is larger today that it was 50 years ago, when racial discrimination was legal.

According to the US Census Bureau (20__), the white homeownership rate is 73.7%, while the rate is just 44% for Black Americans. This gap serves as a tremendous barrier to financial stability and the accumulation of generational wealth.

To decrease the gap, we are committed to increasing access to sustainable homeownership through direct financial assistance. Some of these programs include:

• Down payment assistance
• Special purpose credit programs
• Partnerships with community lending organizations that can provide additional resources and support to alleviate financial burdens related to homebuying.