DID YOU KNOW: California Housing Finance Agency (CalHFA) is on a mission to increase Black homeownership in California, and has put together The Building Black Wealth campaign with a video series of tips to help educate first-time homebuyers about the homebuying process. Homebuyers can find assistance on topics such as credit, finances and documentation needed when speaking with a lender.
According to CalHFA, and other reputable sources, looking at homeownership through a lens of equity, Black homeownership is far behind. The Building Black Wealth campaign provides educational materials, and connections to resources such as free housing counseling and down payment assistance to help close that gap.
For more tips, and information about The Building Black Wealth campaign, visit: calhfa.ca.gov