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(BPRW) NOIR BLACK CHAMBER OF COMMERCE INC. ADVANCING BLACK HOMEOWNERSHIP | Press releases

(BPRW) NOIR BLACK CHAMBER OF COMMERCE INC. ADVANCING BLACK HOMEOWNERSHIP

Transferring Black America Ahead Via Homeownership!

 

(Black PR Wire) Louisville, KY – Noir Black Chamber of Commerce Inc., a nationwide 501(c)(3) Financial Growth Group and authorized Group Growth entity (CDE), underneath The U.S. Division of Treasury, launches its “Advancing Black Homeownership” initiative, a nationwide HUD licensed homebuyer training program to extend black homeownership throughout the nation. This system’s on-line HUD licensed course platform mixed with the chamber’s 11-Step homebuyer help course of, walks shoppers in direction of homeownership. This system connects shoppers to credit score specialist, metropolis down fee help packages, mortgage lenders, realtors, insurance coverage brokers, and monetary planning entities. The web HUD licensed course educates shoppers on homeownership and monetary literacy, which leads to a web-based course completion certificates that’s legitimate in all United States territories. The certificates is required with the intention to take part in varied BMR (Beneath Market Price), BMP (Beneath Market Program), and DPA (Down Cost Help) homebuyer packages and or FHA loans.

“Because the chamber focuses its efforts on “Transferring Black America Ahead”, homeownership is one among TEN Pillars the chamber has recognized as a vital focus space that may result in financial and social mobility for Black Individuals, as a result of homeownership is the muse to constructing generational wealth, by constructing fairness within the house over time, householders can borrow towards that wealth to cowl monetary emergencies, and most significantly, for sending youngsters to school”, stated John Howard Shaw-Woo, the chamber’s Founder and CEO.  

​In 2020, through the wake of George Floyd and Breonna Taylor’s deaths, which sparked a nationwide reckoning of racism and inequities within the U.S., the chamber felt an obligation to focus its efforts on creating program initiatives that may help in “Transferring Black America Ahead”, and in doing so, it recognized TEN Pillars going through Black America, that if addressed, would result in vital financial and social change for black people and households. The primary FOUR Pillars are centered on “Enterprise” and consists of programming centered on supporting black entrepreneurs-start, small black businesses-grow, midsize businesses-sustain, and black company professionals-rise. The remaining SIX Pillars are centered round “Group”, which the chamber calls the “Illness”. These areas pertain to programming centered round black group trauma, black teen increased skilled profession attainment, apprenticeship and job coaching for non-college certain black teenagers, welfare entitlement reform, black expertise company placement; and homeownership.

Homeownership is a key driver of wealth constructing and it should be made accessible to all Black Individuals, if we hope to extend the monetary safety and financial social standing of Black Individuals. Program may be accessed at www.NoirHomebuyerProgram.org or www.Noirbcc.org. 

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