California Community Builders (CCB) is a 501(c)(3) nonprofit affordable housing development organization that spun-off of The Greenlining Institute. CCB's mission is to reduce the homeownership gap as a means of closing the wealth gap for communities of color. Through the promotion of affordable homeownership, we seek to mitigate one of the most egregious root causes of increasing poverty and widening wealth gap experienced by communities of color in California. Across every social measurement, homeownership has proven to be the doorway and pathway out of poverty and into the benefits of the middle class including: improved incomes and wealth creation, improved education, better health, safer neighborhoods, entrepreneurship and a strengthened democracy.
The Asian #homeownership rate now stands at 59.5%, while the Hispanic rate is 49.1%. The rate for households headed by a Black householder is 44.1%, well off the peak of 49.4% in 2003. 🏠
While homeownership rates are raising, they aren't raising equally. Homeownership among households with a White householder rose an estimated 0.8 percent 2019 to 2020. 📈But the rates for heads of household of another race remain very low. 🏠https:// www.pewresearch. org/fact-tank/ 2021/03/08/ ...
HUD must stop localities from excluding manufactured homes from their communities, writes Leslie McCullom Gooch. 🏠 #housing #homes @HUDUSERnews
The huge spike in housing prices is definitely cause for concern. 🏠 Are YOU worried? #housing #prices
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