NAREB 2020 State of Housing in Black America (SHIBA) report shows how uneven mortgage lending practices, cumulative disadvantages and COVID-19 continue to obstruct growth of Black homeownership
At the site of the Black Wall Street Massacre in Tulsa, Oklahoma, Presidential candidate Mike Bloomberg announced the Greenwood Initiative: Economic Justice for Black America. Mid-January, Bloomberg addressed the biases stifling the Black community and countering the issues with future plans that will create generational wealth through ownership. “Even though Greenwood was called ‘Black Wallstreet’ it wasn’t full of bankers; it was really just a thriving upper-middle-class community where people worked hard, played by the rules and believed that they could get ahead,” Bloomberg stated in the opening of his speech. “In other words, it was just like many places
“We are grateful that Danny Bakewell, Jr. saw fit to share his valued perspective on the unprecedented transformation of the Crenshaw District and all its complexities,” opined RBD’s Co-Executive Directors, Jacque Bee and Crystal Mitchell. Bakewell Jr., Executive Director of the Los Angeles Sentinel, shared his view on the wave of changes occurring in the Crenshaw District from his vantage point as a general contractor and developer.