Black homeownership rates in the US have fallen to their lowest point since 2021, due to historical and systemic inequality, resulting in lower neighborhood appraisals, higher loan denials, and unequal access to financial literacy resources.
Category: Real Estate
Posted inWho Owns South Dallas?
South Dallas Residents Urged to Reclaim Future with Proposed Public Improvement District
South Dallas is facing a critical moment in its history, and Scottie Smith, II believes that the neighborhood can reclaim its future by controlling the financial tools that shape redevelopment, such as the proposed Public Improvement District (PID).
Posted inSports
A Hub for Change: Dallas Wings and City of Dallas Unite on New Practice Facility
The Dallas Wings and the City of Dallas broke ground on a state-of-the-art practice facility that will serve as both the permanent training home for the franchise and a new community hub in West Oak Cliff, representing a major step forward for women’s professional sports in Dallas.
Posted inJP Morgan Chase
How Dallas home buyers can save on a down payment
Homebuyers can access down payment assistance programs, such as grants, forgivable loans, deferred-payment loans, and low-down payment loans, to help cover the upfront costs of homeownership.
Posted inCommunity
From Forest Avenue to Martin Luther King Jr. Boulevard
Originally published with our media partner, Dallas Free Press The election of Elsie Faye Heggins to the Dallas City Council in 1980 signaled a massive change to Dallas’ political environment, […]
Posted inWho Owns South Dallas?
Winner’s Tower at MLK: Bold or Bust?
Winner’s Development Corporation, led by Pastor Raphael Adebayo and Ed Okpa, has proposed a 24-story luxury condominium tower in South Dallas, which would require the demolition of several existing buildings, and has been met with mixed reactions from the community.
Posted inWomen
Property Is Power: Black Women Leading the Charge in Homeownership
Black women are making significant strides in homeownership, outpacing other demographics and making up 27% of all Black homebuyers, despite facing numerous systemic hurdles.
Posted inFeatures
Elizabeth Wattley’s Forest Forward Revitalization
Elizabeth Wattley has revitalized the Forest Forward Theatre in South Dallas, investing $17 million in Black-owned businesses and utilizing 78% of the contracts with Black-owned and minority-owned businesses.
Posted inLocal
Zoning requests: STEAM nonprofit in Los Altos, metal salvage facility on Singleton
New zoning applications have been submitted for a STEAM nonprofit, a metal salvage facility, and a six-story apartment complex, while an existing site is requesting to build a duplex, and a half-acre site is asking for zoning that would allow for the conversion of a boarding house into multifamily units.
Posted inReal Estate
HUD Job Cuts Equals Housing Implosion
Protests have been growing across the nation against the Trump administration’s job cuts, with DOGE targeting a 50% reduction in HUD staff, potentially creating a work slowdown and backlog for services.