NAREB initiatives urge 2 million mortgage-ready African American families to become homeowners

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NAREB initiatives urge 2 million mortgage-ready African American families to become homeowners
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“Our mission is to alert families and individuals, and especially those who can qualify for a mortgage, how important it is to buy a home and be put on a path towards generational wealth,” Dr. Rose said. “Discriminatory housing policies have kept our families for generations from opportunities to build wealth. We want everyone to know the important steps and information that can lead to wealth-building and homeownership.

“NAREB’s multipronged efforts, which include identifying and eliminating institutional barriers to mortgage credit while also informing and educating potential Black households about their homeownership opportunities, is key to comprehensively and effectively achieving success in increasing Black homeownership,” Carr said.

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