In addition to those changes, HUD has also addressed and removed some systemic barriers to homeownership allowing around a quarter of a million Black homebuyers to purchase a home in the last three years.
At New American Funding, we believe in homeownership's power to build wealth and create opportunities. In this article, we pay tribute to the trailblazing individuals who played a pivotal role in dismantling discriminatory housing practices and promoting fair housing for all.
Every January, as Martin Luther King Jr. Day is observed, we at New American Funding are inspired by the enduring impact of this great leader, notably in the fields of housing and finance.
Ensuring fair housing empowers individuals and their families for generations to come. Not only does it allow people to put down their roots, but it enables them to grow their communities by giving them the stability and security they need to support their families and friends.
In honor of Black History Month, we're putting the spotlight on some of New American Funding's exceptional African Americans, who are making things happen in a big way!
For many in historically underrepresented communities, the dream of homeownership—and the financial security and wealth it can build—remains elusive due to longstanding barriers. But here's the good news: actionable strategies and resources can help bridge the gap.