HUD Secretary Marcia Fudge to join in Cleveland for event on increasing Black homeownership
On June 18, housing and civil rights leaders will formally announce the launch of a national initiative for increasing Black homeownership.Read More
GROWTH and City of Birmingham Building New Homes in Birmingham
The City of Birmingham and GROWTH by NCRC signed a $25 million development deal that will begin with building affordable new homes in Birmingham, AL.Read More
New York Times: Black Homeowners Face Discrimination in Appraisals
Companies that value homes for sale or refinancing are bound by law not to discriminate. Black homeowners say discrimination in appraisals happens anyway.Read More
How Has the Spike in Lumber Prices Increased Home Costs?
As of late April, lumber prices were up 67% from the beginning of the year and a massive 340% higher than one year ago.Read More
Biggest impediment to mortgage growth? Shortage of new homes.
The shortage of new homes and affordable construction starter homes is not only a problem for would-be homeowners but mortgage lenders face a looming strain.Read More