Housing Event Aimed at Increasing African-American Home Ownership

Style Magazine Newswire | 5/5/2017, 12:25 p.m.
Hundreds of Houstonians attended a housing expo aimed at increasing home ownership among African-Americans, a segment of the population that's …

Source: Chron.com

Hundreds of Houstonians attended a housing expo aimed at increasing home ownership among African-Americans, a segment of the population that's underrepresented among homeowners. The empowers part of "Realtist Week," established by the National Association of Real Estate Brokers in the early 1970s to spotlight the role black home ownership plays in stabilizing or revitalizing neighborhoods. The Houston event highlighted a new program by the national association to increase black home ownership by 2 million people over the next five years. In Houston, the target is 4,500 new homeowners a year. Classes were offered throughout the day on subjects such as down payments and credit, investing and the first-time home buying process.

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