Black Home
Ownership
Network

Black Home
Ownership
Network

Black Home Ownership Network

Home Ownership is a major investment and a symbol of pride for most people but not for a majority of black people. Several data shows that a majority of People of African descent are not home owners due to government economic policies, and corporate discriminatory practices.

The black experience is often filled with negative outcomes in getting a job, loan and almost everything that’s needed to own a property. Data also shows that a majority of people use home ownership to build generation wealth, and why we should all support our advocacy for change and inclusion.

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Black Home Ownership
TOWN-HALL
July 22nd, 2021


Black Home Ownership
FORUM
September 12th, 2021

Our Affiliates

Black Home Ownership Network

Dream Land - PBS

The Ghetto - The Roots

Land Theft - The Atlantic

Lowest Net Worth - Fox Soul

Black Home
Ownership
Network

About The Black Home Ownership Network

We are in the business of promoting literacy, while providing support for policies that reduce racial wealth inequalities, with the primary objective of breaking down barriers that limits opportunities for minority groups, especially black people.

We are in the business of promoting literacy, while providing support for policies that reduce racial wealth inequalities, with the primary objective of breaking down barriers that limits opportunities for minority groups, especially black people.

and closing the racial wealth gap!

Breaking down barriers for first-time homebuyers

and closing the racial wealth gap!

Promoting Literacy And Advocating For Investment Into Black Home Ownership. Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant. Simplified mortgage process. Connect with a mortgage broker and start your application, all at once. Order your credit score report to learn your borrowing eligibility. Guarantee the best prices. Request quotes from any of our trusted service providers. Compare prices and take your next steps with less time, money, and effort spent.

About BHON

Home ownership is a major investment and a symbol of pride for most people but not for a majority of black people in the United States, Canada, the UK and in several other Countries.

Several data shows that a majority of People of African descent are not home owners due to government economic policies, community and corporate discriminatory practices.

Sur BHON

L’accession à la propriété est un investissement majeur et un symbole de fierté pour la plupart des gens, mais pas pour la majorité des Noirs aux États-Unis, au Canada, au Royaume-Uni et dans le monde. Plusieurs données montrent qu’une majorité de personnes d’ascendance africaine ne sont pas propriétaires d’un logement en raison des politiques économiques du gouvernement et des pratiques discriminatoires de la communauté et des entreprises.

The Black Experience​

The black experience is often filled with negative outcomes in getting a job, loan and almost everything that’s needed to own a property.

Data also shows that a majority of people use home ownership to build generation wealth, and why we should all support our advocacy for change and financial inclusion for black people in real estate, loans, employment, and others related wealth generating activities.

L'expérience noire

L’expérience noire est souvent remplie de résultats négatifs pour obtenir un emploi, un prêt et presque tout ce qui est nécessaire pour posséder une propriété. Les données montrent également qu’une majorité de personnes utilisent la propriété pour créer une richesse de génération, et pourquoi nous devrions tous soutenir notre plaidoyer en faveur du changement et de l’inclusion financière des Noirs dans l’immobilier, les prêts, l’emploi et d’autres activités génératrices de richesse liées.

Affordable Housing

A recent survey conducted by the Black Home Ownership Network in the US, Canada and the UK, confirms that a larger percentage of black people presently rent, and are living in fear of their landlord raising their rents, or getting unfairly evicted so the landlord can rent for a hire price.

Several others who are being priced out of buying their first home, are also facing bias in getting a decent place to rent, despite the available options are rarely affordable. These issues need to be urgently addressed if we are truly serious about equity and inclusion.

Le logement abordable

Une enquête récente menée par le Black Home Ownership Network aux États-Unis, au Canada et au Royaume-Uni confirme qu’un pourcentage plus élevé de Noirs louent actuellement et vivent dans la crainte que leur propriétaire augmente leurs loyers ou soit expulsé de manière injuste afin que le propriétaire puisse louer pour un prix de location. Plusieurs autres personnes dont le prix n’est pas fixé pour l’achat de leur première maison sont également confrontées à des préjugés pour obtenir un logement décent à louer, bien que les options disponibles soient rarement abordables. Ces problèmes doivent être résolus de toute urgence si nous prenons vraiment au sérieux l’équité et l’inclusion.

Our Mandate

Promoting Literacy And Advocating For Investment Into Black Home Ownership Which Will Translate Into Generational Wealth. Neighbourhood profiles; Detailed analytics for insight on your ideal area to live. Mortgage calculator; Review your budget and find out what you can afford. Home & auto insurance; Compare and select from the best insurance options for your needs. Moving services; Flexible options for moving and storage services. Local property services; Trusted partners for locksmiths, lawn care, cleaners, and more. Update address; Update your address, redirect your mail, and more. Transfer utilities; Setup your utilities and other services before moving in date.

Why Join

Homebuying checklist; Every step to your new home – from start to finish. Real estate listings; Browse MLS listings to find your dream home. Neighbourhood profiles; Detailed analytics for insight on your ideal area to live. Mortgage calculator; Review your budget and find out what you can afford. Home & auto insurance; Compare and select from the best insurance options for your needs. Moving services; Flexible options for moving and storage services. Local property services; Trusted partners for locksmiths, lawn care, cleaners, and more. Update address; Update your address, redirect your mail, and more. Transfer utilities; Setup your utilities and other services before moving in date.


MISSION

Promoting Literacy While Advocating For Policies And Equitable Investments Into Black Home Ownership Which Will Translate Into Generational Wealth In Black Communities.


MISSION

Promouvoir l’alphabétisation tout en plaidant pour des politiques et des investissements équitables dans l’accession à la propriété des Noirs qui se traduiront par une richesse générationnelle dans les communautés noires.

Black Home
Ownership
Network

FAQ

Frequently Asked Questions:

Q: What should we expect of Black home ownership network?
A: Promoting Literacy And Advocating For Investment Into Black Home Ownership.

Q: What should we expect of Black home ownership network?
A: Promoting Literacy And Advocating For Investment Into Black Home Ownership.

Q: What should we expect of Black home ownership network?
A: Promoting Literacy And Advocating For Investment Into Black Home Ownership.

Blacks Buy Homes - Black Public Media

Systemic Racism - BET

Press Release

August 12th 2021

Homebuying checklist; Every step to your new home – from start to finish. Real estate listings; Browse MLS listings to find your dream home. Neighbourhood profiles; Detailed analytics for insight on your ideal area to live. Mortgage calculator; Review your budget and find out what you can afford. Home & auto insurance; Compare and select from the best insurance options for your needs. Moving services; Flexible options for moving and storage services. Local property services; Trusted partners for locksmiths, lawn care, cleaners, and more. Update address; Update your address, redirect your mail, and more. Transfer utilities; Setup your utilities and other services before moving in date.

 

Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant. Simplified mortgage process. Connect with a mortgage broker and start your application, all at once. Order your credit score report to learn your borrowing eligibility. Guarantee the best prices. Request quotes from any of our trusted service providers. Compare prices and take your next steps with less time, money, and effort spent.
               

  • Email:  DiversityAdvancement@Gmail.com

How To Participate

Individual
Option

Buying a home may be the biggest purchase most people will make in their lifetime. Buying as an individual is the most common way people purchase and get qualified for financing. Although married couples are able to qualify for financing much more easily compared to others, homeownership is not just for married couples. Though going it alone can sometimes be a little more challenging than purchasing with a partner, single people can benefit from owning their own home just as much as anyone else. Despite rising home prices, real estate is still an important investment for many Canadians, with many non-home owners still looking to own a home. You will need to save for down payment, pay up debts, have a full time job and good credit scores.

Group
Option

Decades ago, buying real estate as a group, with friends, and family members was the traditional way of purchasing a home and large piece of land, but in recent times, more groups of investors have been formed by mostly strangers who end up working together to achieve a common investment objective. Some individuals who lack the criteria or capital to buy alone have built wealth and financial stability by buying properties with other like-minded people who have the capital and some other criterias that may be lacking. Some contributors may be passive while others are more involved. Some view real estate as an alternative to stocks and bonds. A legal agreement is always formulated to define expectations, terms and percentages for each investor.

Corporate
Option

Buying as a corporation has become more popular in recent years and many find it has a better option due to it’s benefits and much more. Some who like this option are into real estate to buy and flip within a short period, while others are investors who keep the property for a longer time to yield returns. Qualifying for a mortgage with an incorporated business can be more complex due to more documentation required compared to getting a similar loan as an individual or through a partnership. A commercial loan and real estate purchase can be more complex compared to a residential real estate mortgage approval. This is also an attractive option because it offers limited liability protection, tax benefits, a life-time capital gain exemption, and much more.

Promoting Literacy And Advocating For Investment Into Black Home Ownership. Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant. Simplified mortgage process. Connect with a mortgage broker and start your application, all at once. Order your credit score report to learn your borrowing eligibility. Guarantee the best prices. Request quotes from any of our trusted service providers. Compare prices and take your next steps with less time, money, and effort spent.

Black Home Ownership Network

Your Dream Home Starts Here

Annual Campaign

Promoting Literacy And Advocating For Investment Into Black Home Ownership. Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant.

Featured On Texas TV

The struggle - PBS News

Agents Push back - ABC News

Disparities - Johns Hopkins Medicine

Helpful Strategies - NAREB

The Great Reset And Home Ownership

As The Real Estate Market Prices Continue To Skyrocket, A Majority Of Black People Are Left Out Of Home Ownership, And This May Get Worse As Global Corporations Through The World Economic Forum Are Planning A Reset That Will Affect The Traditional Way Of Owning A Property. At Black Home Ownership Network, We Will Continue To Promote Financial Literacy While Advocating For Investments Into Black Home Ownership.

Real Estate Perspectives

Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant.
Chris Jones
Realtor

Housing Market

A Roadmap - UCLA

The Real News Network

3 Things To Do

Why Blacks are Poorer

WHAT WE DO

We are in the business of promoting literacy, while providing support for policies that reduce racial wealth inequalities, with the primary objective of breaking down barriers that limits opportunities for minority groups, especially black people.

CE QUE NOUS FAISONS

Nous sommes dans le but de promouvoir l’alphabétisation, tout en soutenant les politiques qui réduisent les inégalités de richesse raciale, avec l’objectif principal de briser les barrières qui limitent les opportunités pour les groupes minoritaires, en particulier les Noirs.

326

Executed projects

44

Chapters worldwide

32

unique initiatives

5

continents worldwide

The Black African Perspectives

Low-balling Blacks - ABC News

Buying A Home With Little Income

How They Undermine Blacks

A company provides help - CGTN

Media Reports

View More

Urban Institute

5/5
The State Of Home Purchase Today!
It’s depressing that black homeownership rate and overall wealth gap have reached alarming levels. The black homeownership rate has persistently lagged behind that of white families, a gap that has widened since the Great Recession. In 2017, the black homeownership rate (41.8 percent) was the lowest of all racial and ethnic groups. Between 2000 and 2017, the black homeownership rate dropped 4.8 percentage points, a loss of about 770,000 black homeowners, while the homeownership rates of other racial and ethnic groups either remained constant or increased.
View More

NBC News

5/5
The Housing Market Today!
Black Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 gap between Blacks and whites in savings at retirement, a recent Massachusetts Institute of Technology study shows. The annual difference of $743 in mortgage interest payments, $550 in mortgage insurance premiums and $390 in property taxes, when invested over 30 years results in lost retirement savings of $67,320 for Black homeowners, according to the study called “The Unequal Costs of Black Homeownership.”

Racial Inequality In Home Ownership
- FOX News

5/5

Appraisal Bias Against Blacks
- WUSA9 TV

5/5

Racial Bias Affects housing appraisal
- ABC News

5/5
View More

Virgin Radio

5/5

Black Home Ownership Crisis
- Trusted Realtor

5/5

Black Home Ownership & Equity
- Black, Married and DEBT FREE

5/5

Build Black Generational Wealth
- Black News Channel

5/5

Enjoy Your Next Home

Black Home
Ownership
Network

An initiative of the

Diversity Advancement Network