A CNN analysis of CFPB lending data reveals that Navy Federal Credit Union has been denying people of color home mortgages at rates much higher than seen elsewhere.
Read More »HUD Partners With NAREB to Address Appraisal Bias and Discrimination
New partnership will increase education, outreach, and efforts geared to tackle appraisal bias and discrimination in the housing marketplace.
Read More »The Week Ahead: Federal Measures to End the Homeless Crisis
An upcoming Senate Banking Committee Hearing will examine actions the federal government has taken to combat the nation’s homelessness issue.
Read More »Properties in Minority Areas Still Suffering From Racial Undervaluation
“The Brookings Institute showed a robust relationship between lower valuations and Black neighborhoods,” wrote Jonathan Liles, Senior Financial Analyst for the FHFA.
Read More »Fannie Mae Issues $5 Million to Help Advance Racial Equity in Housing
The latest issuance of the 2022 Sustainable Communities Innovation Challenge in efforts to further advance racial equity in housing, will implement and remove barriers currently preventing many households from purchasing or renting a home.
Read More »Wells Fargo Commits $210M to Advance Racial Equity
Citing “systemic inequities” that have prevented many minority families from achieving homeownership and wealth-building goals, the company has announced a new initiative to help close this gap.
Read More »Biden Administration Reinforces Efforts to Reduce the Homeownership Gap
HUD has announced plans to prioritize its goal of advancing equity for all and addressing the need for affordable housing nationwide.
Read More »Akron, Ohio, Found to Be Most Affordable for Black Americans
The high prices and record-low inventories that have been dominating the market for the last year are not doing much to address the plight of Black Americans whom ...
Read More »Addressing Discrimination in the Housing and Wealth-Building Space
To address and reduce the racial gap between in home ownership and wealth-building, the Urban Institute and the Federal Home Loan Bank of San Francisco (FHLBank) have committed $1.5 million to a new program called “Racial Equity Accelerator for Homeownership” which will “develop ...
Read More »New Housing Fund Endeavor Targets $1B Toward Racial Equity
The Los Angeles-based real estate fund SoLa Impact has rolled out the Black Impact Fund, a $1 billion initiative focused on communities of color with major urban markets. ...
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