Homeownership for all people is at the forefront of the work I do and increasing Black homeownership is pivotal to that work. With Black’s at 41.7%, trailing non-Hispanic White’s at 73.1%, the gap continues to widen, and my focus continues to narrow on closing it.
This is one of the many reasons I am proud to be a member of the National Association of Real Estate Brokers who continue to champion 2 Million in 5 Years (2Mn5), the program to increase Black homeownership by 2 million people. In keeping with that spirit, NAREB has signed a Memorandum of Understanding (MOU) with United Security Financial, a minority-owned mortgage company that will provide $50 million in down payment assistance to black homeowners!
These funds will provide much-needed assistance to those who may not otherwise have access to financial resources to purchase a home across this county. This fund is available for down payment assistance in the next 12 months for those looking to purchase a home and work with a Realtist, such as Bascomb Real Estate Group to support you in finding your new home! Click the link to read about this groundbreaking project and contact us today!
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