Angel Reid has fought to keep her Oxon Hill, Maryland, house from being foreclosed for the past 10 years — a nightmare that will likely only worsen now that her home has been placed on the auction block. [read more…]
The homeownership rate in the Black community was at nearly 50 percent a dozen years ago. Today, the figure stands at 41.5 percent and could get worse, experts warn. The topic was discussed for more than two hours Thursday at the Congressional Black Caucus Foundation’s 46th Annual Legislative Conference at the Washington Convention Center in northwest D.C.
Results from an Apartment List study reveals that while most renters in D.C. are relatively satisfied with life in the nation’s capital, they wrestle with concerns such as quality of local schools, state and local taxes, safety and affordability/cost of living. [read more…]
A D.C. affordable-housing development organization has kicked off its “5 in 5” campaign to raise $5 million over the next five years to help address the lack of affordable housing in the city. [read more…]