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NNPA supports NAREB call to increase African American homeownership across America
NNPA NEWSWIRE — In more than 100 cities across the United States, seminars and one-on-one sessions will empower communities with steps towards homeownership, property investment, starting a business, free credit bureau reports, and other wealth-building opportunities. To register for a local event in your area, click HERE.
The post NNPA supports NAREB call to increase African American homeownership across America first appeared on BlackPressUSA.
On April 13, National Building Black Wealth Day: Helping More Than 100,000 Black Consumers Become Homeowners and Build Wealth
The National Association of Real Estate Brokers (NAREB) collaborates with the Church Of God In Christ, Inc. (COGIC) and other partner organizations to host National Building Black Wealth Day on April 13. In more than 100 cities across the United States, seminars and one-on-one sessions will empower communities with steps towards homeownership, property investment, starting a business, free credit bureau reports, and other wealth-building opportunities. To register for a local event in your area, click HERE.
The local wealth-building events will coincide with COGIC’s Presiding Bishop’s 100-City Community Impact Day. Other NAREB partners include the African American Mayors Association, the National Bar Association, Delta Sigma Theta Sorority, Alpha Phi Alpha Fraternity, and Phi Beta Sigma Fraternity.
At the local events, one-on-one counseling will be available with NAREB members (Realtists), lawyers, housing counselors, and lenders. The HUD-approved NID Housing Counseling Agency will provide free credit reports and counseling to consumers in all 100 cities on April 13, Building Black Wealth Day. The goal of the event is to give Black residents the information they need to build wealth and get answers to questions like how to buy a home. How do you deal with property after the death of a loved one? How to improve your credit score?
Moreover, virtual sessions, counseling, and online conversations will be accessible to a national audience through our virtual community day via Zoom. Please register for those HERE.
“We are thrilled to coordinate with our partners,” said Dr. Courtney Johnson Rose, NAREB’s President. She added that National Building Black Wealth Day is part of the organization’s historic Building Black Wealth Tour initiative, hosting wealth-building events in cities throughout the country over the next two years.
Calling the nation’s wealth gap “intolerable,” Dr. Rose noted that NAREB’s 2023 State of Housing in Black America Report (SHIBA) found that the 400 wealthiest Americans control the same wealth as all 48 million Blacks in the United States. The Federal Reserve acknowledges that, on average, Black families own about 24 cents for every $1 of White family wealth. And Brookings, the widely respected think-tank, says Whites have a median family wealth of $171,000, compared to $17,600 for Blacks.
Homeownership is the primary driver of Black wealth, and a Fannie Mae survey found that 89% of all Black renters intend to own a home in the future.
Potential Black home buyers need accurate information: 45% of Black consumers do not know how much down payment is required for a home, according to Fannie Mae’s 2023 Black Housing Journey. In addition to lower average credit scores and fewer available funds, many Black consumers are also generally unfamiliar with mortgage requirements and may be harmed by that lack of knowledge. When Blacks are surveyed, many erroneously blame credit scores for their mortgage denials, but HMDA data show high debt-to-income ratios as the leading culprit.
Register for a local event in your area or for the virtual community day via Zoom at http://www.NarebBlackWeathTour.com
The post NNPA supports NAREB call to increase African American homeownership across America first appeared on BlackPressUSA.
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#LET IT BE KNOWN — LIVE FROM THE DEMOCRATIC NATIONAL CONVENTION
#LET IT BE KNOWN — LIVE FROM THE DEMOCRATIC NATIONAL CONVENTION
#NNPA BlackPress
Democrats Call for Fierce Defense of Democracy and Working-Class Values
NNPA NEWSWIRE — Democrats from all political backgrounds came together to honor President Biden’s legacy, which includes unwavering efforts to reduce costs for middle-class Americans, repair a deteriorating infrastructure, and defend democracy from unprecedented threats.
By Stacy M. Brown
NNPA Newswire Senior National Correspondent
@StacyBrownMedia
In an electrifying moment at the Democratic National Convention (DNC) that likely set the tone for the party’s campaign, Vice President Kamala Harris made a surprise appearance on the opening night, seizing the stage to the triumphant anthem of Beyoncé’s “Freedom.” The crowd erupted with fire in her voice as Harris declared, “I want to kick us off by celebrating our incredible president, Joe Biden. Thank you for your historic leadership, for your lifetime of service to our nation, and for all you will continue to do. We are forever grateful to you.” The first night of the DNC was more than a celebration; it was a battle cry. Democrats from all political backgrounds came together to honor President Biden’s legacy, which includes unwavering efforts to reduce costs for middle-class Americans, repair a deteriorating infrastructure, and defend democracy from unprecedented threats. The message was clear: Biden’s work is not done, and Vice President Kamala Harris and Governor Tim Walz are ready to continue that fight.
Speakers who are most familiar with Biden, such as Senators Raphael Warnock and Chris Coons, as well as Dr. Jill Biden and Ashley Biden, shared stories that painted a picture of a president who is unwaveringly dedicated to the American people. “In public and in private, President Biden never backed down from his vision for an America where everyone has a fair shot,” Warnock emphasized. Dr. Biden and Ashley Biden gave heartfelt tributes to the man who led the nation and his family with steadfast devotion. The emotional high point of the evening came when Biden, introduced by his daughter Ashley, took the stage to a thunderous ovation as “Your Love Has Lifted Me Higher” filled the arena. The crowd’s response was deafening, with chants of “We love Joe” and “Thank You, Joe” reverberating throughout the hall, a powerful testament to Biden’s connection with the American people.
In a speech that was as much a rallying cry as it was a reflection on his presidency, Biden delivered a stark reminder of what’s at stake. “Let me ask you… Are you ready to vote for freedom? Are you ready to vote for democracy and America? Are you ready to elect Kamala Harris and Tim Walz?” Biden’s words resonated as he recalled the perilous moment of his inauguration, just weeks after supporters of the twice-impeached former president stormed the U.S. Capitol. “You cannot say I love my country only when you win,” Biden asserted. “The winter of peril and possibility has passed, and with a grateful heart, I stand before you to report that democracy has prevailed. But now, democracy must be preserved.” Biden highlighted the progress made under his administration, pointing to economic recovery, healthcare expansion, and the battle against corporate greed. He singled out Harris’s critical role in these achievements. “We’ve gone from economic crisis to the strongest economy in the world… More Americans have health insurance than at any time in American history. And we finally beat big pharma. Guess who cast the tie-breaking vote? Vice President and soon-to-be President Kamala Harris. Now it’s the law of the land—$35 a month for insulin.”
The evening was charged with passionate speeches that struck the heart of the nation’s issues. Former Secretary of State Hillary Clinton delivered a searing indictment of Donald Trump, contrasting Harris’s steadfast dedication to American values with Trump’s chaotic legacy. “Kamala won’t disrespect our military and our veterans,” Clinton declared to thunderous applause. “She will defend democracy and our Constitution and will protect America from enemies foreign and domestic. Donald Trump fell asleep at his own trial, and when he woke up, he made history as the first person to run for president with 34 felony convictions.” Representative Alexandria Ocasio-Cortez delivered a fiery endorsement of Harris, framing her as the champion of the middle-class needs. “In Kamala Harris, we have a chance to elect a president who is for the middle class because she is from the middle class,” Ocasio-Cortez proclaimed. “She understands the urgency of rent checks, groceries, and prescriptions. She is as committed to our reproductive and civil rights as she is to taking on corporate greed. She is working tirelessly to secure a ceasefire in Gaza and bring hostages home.”
Ocasio-Cortez didn’t hold back in her critique of Trump, accusing him of being a self-serving demagogue. “Donald Trump would sell this country for a dollar if it meant lining his own pockets and greasing the palms of his Wall Street friends,” she said. “I, for one, am tired of hearing about how a two-bit union buster thinks of himself as more of a patriot than the woman who fights every single day to lift working people out from under the boots of greed trampling on our way of life.” The night was filled with moments that galvanized the crowd. Golden State Warriors Head Coach Steve Kerr, invoking the words of Steph Curry, declared, “After the results are tallied that night, we can tell Donald Trump, ‘Night, night.’“UAW President Shawn Fain tore off his jacket to reveal a shirt emblazoned with the words “TRUMP IS A SCAB,” igniting the crowd into a fervent chant of “Trump’s a scab! Trump’s a scab!”
In one of the night’s most pointed moments, Rep. Jasmine Crockett drew a stark contrast between Harris and Trump: “She became a career prosecutor while he became a career criminal. Who would you hire? Donald Trump or Kamala Harris? Kamala Harris has a resume, and Donald Trump has a rap sheet with 34 felonies, 2 impeachments, and 1 porn star to prove it.” The NAACP President Derrick Johnson and Melanie Campbell, the President and CEO of the National Coalition on Black Civic Participation, led a standing ovation for civil rights icon Rev. Jesse Jackson during the celebration.
Chicago Mayor Brandon Johnson also delivered a powerful message that resonated deeply with the audience. “I know that my daughter will see not only a reflection of herself in the White House, but she will experience the deepest part of American values… Kamala Harris—she’s got us.” Harris’s words from earlier in the night echoed as the event ended: “We are at a pivotal moment. The choices we make now will determine the future of our nation. Together, we will fight for the soul of America and build a future where everyone has a fair shot. Our best days are still ahead, and we are ready to lead.”
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L#LET IT BE KNOWN — LIVE FROM THE DEMOCRATIC NATIONAL CONVENTION — DAY 2
L#LET IT BE KNOWN — LIVE FROM THE DEMOCRATIC NATIONAL CONVENTION — DAY 2
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