Washington, DC – The National Association of Real Estate Brokers, Inc.(NAREB) issued the 2020 edition of its State of Housing in Black America (SHIBA) report with a stark warning: Without major changes in public policy, restructured mortgage lending criteria, increased down payment assistance, and an extended forbearance period needed by homeowners experiencing severe financial burdens […]
No Economic Victory Lap
By Dr. Julianne Malveaux – The June Employment Situation report, released on July 2, showed a continued decline in the unemployment rate. Thanks to coronavirus, the rate shot up to 14.7 percent in April and declined to 11.1 percent in June. About 4.8 million more people were on payrolls in June than in May. Just […]
A Presidency at Death’s Door
The Lincoln Project’s latest video, “One Day”, takes President Trump to task for his abysmal response to the ongoing COVID-19 pandemic. As early as January, the President received intelligence briefings that warned of the impending pandemic that would soon upend everyday life in our country. But Trump disregarded his own intelligence and healthcare advisors and […]
PayPal Announces $530 Million Commitment to Support Black Businesses, Strengthen Minority Communities and Fight Economic Inequality
SAN JOSE, CA – PayPal Holdings, Inc. (NASDAQ: PYPL) announced a $530 million commitment to support Black and minority-owned businesses and communities in the U.S., especially those hardest hit by the pandemic, to help address economic inequality. As part of its investment, the company is bolstering its internal programs to further increase diversity, equity and […]
Amid Covid-19 Pandemic The Two Hundred Targets Senator Hannah-Beth Jackson with Change.org Petition for Affordable Housing Legislation
Sacramento, CA – In May 2020, amid the Covid-19 pandemic, Senator Hannah-Beth Jackson has introduced a bill that will prove detrimental to affordable homeownership in the state of California. SB 950, authored by Senator Jackson, will strengthen the California Environmental Quality Act (CEQA), a law that has been dangerously used as a tool to deny […]
Association of Black Cardiologists Creates COVID-19 FAQ Community Watch
WASHINGTON – Today, the Association of Black Cardiologists (ABC) issued patient-centered frequently asked questions (FAQ Community Watch) related to COVID-19 for its community health advocates and partners. The ABC created FAQ Community Watch to provide concrete and trustworthy information about the danger and challenges of the disease with particular attention to those with heart disease. […]