Printer Friendly
The Free Library
19,573,952 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Closing the homeownership gap.


I was elated to see the recent change in the first principle [to use homeownership to build wealth] of the Declaration of Financial Empowerment (DOFE DOFE Department of Energy ). As a licensed realtor, I [know that] the disparity in homeownership between African Americans African American Multiculture A person having origins in any of the black racial groups of Africa. See Race.  and our Caucasian counterparts is staggering. Real estate is not only my profession, but also a personal passion of mine, particularly in the African American community. So expect to hear from me frequently!

The first bit of "two cents" I want to contribute to the Black Wealth Initiative is to highlight a program called the Neighborhood Assistance Corporation of America (NACA NACA National Advisory Committee for Aeronautics
NACA Network of Aquaculture Centres in Asia-Pacific
NACA National Action Committee on AIDS (Nigeria)
NACA National Advisory Council on Aging
NACA National Association of Consumer Advocates
, www.naca.com). NACA is a community advocacy group changing the face of homeownership for many individuals who would otherwise be prey to predatory lending practices. There are several NACA offices throughout the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . NACA truly is America's best homeownership program and can serve as a catalyst for many people to fulfill the first DOFE principle.

Bretta L. Grant

The Heritage Group

North Charleston, South Carolina North Charleston is a suburban city in the metropolitan area of Charleston, South Carolina. As of 2005 estimates, the city had a total population of 86,313. This ranks as 3rd in city limit populations within the state, after Columbia and Charleston. As defined by the U.S.  

sgrant@prucar.com
COPYRIGHT 2004 Earl G. Graves Publishing Co., Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Author:Grant, Bretta L.
Publication:Black Enterprise
Article Type:Letter to the Editor
Date:Sep 1, 2004
Words:170
Previous Article:A true reformer.
Next Article:Building bridges.



Related Articles
A dream still deferred.
Homeownership is priority one.
Mortgage help for black college students: the Congressional Black Caucus Foundation promotes home buying at HBCUs.
Home-schooling.
One prize, but hundreds of winners.
Our commitment to wealth building.
A house is now our home!: James and Kimberly Papillion are the first winners of the Black Enterprise Own Your First Home Contest.
Get your first home--and keep it.
Survey: Hispanics could generate $200b in new mortgages.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles