National Association of Real Estate Brokers (NAREB) promotes homeownership as best way to increase Black wealth during multi-city Realtist Week observance
Black real estate professionals are geared up to focus the nation’s attention on building Black wealth through homeownership. Realtist Week, April 23-29, 2017, established by the National Association of Real Estate Brokers (NAREB) in the early 1970s spotlights the important role Black homeownership plays in strengthening and stabilizing communities with a particular focus on the revitalization and desirability of the nation’s urban neighborhoods.
Throughout the country, NAREB’s local chapters are scheduling community events and activities that engage social, civic and business organizations, as well as the Black church community as part of NAREB’s focused effort to Build Black Wealth through Homeownership.
“NAREB has taken on the charge to encourage Black Americans to purchase homes as the first step toward building wealth. We have always aspired to be homeowners and live the American Dream. Now is the time for us to turn that aspiration into reality; for ourselves, our families and for our future generations,” said Ron Cooper, NAREB president.
Black homeownership has been on a steady decline since 2004 when it reached its peak of nearly 50%. Today, the Black homeownership rate hovers nationally, just below 42% compared to the non-Hispanic white homeownership rate of just above 72%.
“Our Realtist Week events in over 30 cities and more than 21 states demonstrates NAREB is at the forefront of Building Black Wealth Through Homeownership in the country,” stated Antoine M. Thompson, national executive director for NAREB. Realtist Week also serves as a showcase for NAREB’s new 2 Million New Black Homeowners in 5 Years program initiated to reverse the wealth drain among Black Americans.
Realtist Week activities heighten the community’s and policymakers’ awareness about the importance of affordable homeownership. Events started on Sunday with special church worship services and continue events at local schools, meetings with local officials, community service projects, and concluding on Saturday, April 29 with a Community Wealth Building Day where consumers can talk with financial education specialists; mortgage lenders; housing counselors; insurance experts, and representatives from local government to learn about first-time homebuyer and available down payment assistance programs.
According to the Consumer Financial Protection Bureau’s (CFPB) latest complaints report, student loan complaints by Washington students have surged 732 percent, 2nd largest increase among all states, from last year this time. The percentage increase is Washington state is more than double the national average of 325 percent.
Meanwhile this week, United States House of Representatives Financial Services Chairman Jeb Hensarling (TX) will hold a Wednesday hearing on his so-called Financial Choice Act 2.0. The bill leaves Washington consumers and our economy even more vulnerable to Wall Street’s recklessness than before the ’08 crisis by taking aim at all of the 2010 Dodd-Frank Act’s protections caused by unfair bank practices abetted by regulatory failures.
In particular, the bill would gut the Consumer Financial Protection Bureau, even as its latest report shows a critical need for the bureau to protect Washington students.
Bruce Speight, WashPIRG Director, said, “After suffering through years of predatory lending tactics, Washington student loan borrowers finally have the CFPB in their corner. Now Chairman Jeb Hensarling (TX) of the House Financial Services Committee is delivering a low blow by weakening the bureau’s power.”
While the surge in complaints among Washington students is likely driven by publicity around its January enforcement action against servicing giant Navient, nonetheless it is evidence that a lot of Washington students are running into problems with their loan servicers. According to TICAS’ 11th annual report on debt at graduation, Student Debt and the Class of 2015, 57 percent of Washington State students graduate with an average of $24,600 in student debt.
Forty-nine of 50 states saw complaint increases of 50 percent or more. Against a backdrop of $1 trillion in student loan debt in the country, the agency has prioritized enforcement action in student lending this year.
“In just under 6 years, the nascent CFPB has restored order to financial markets torn asunder by a decade of weak regulation that emboldened corporate wrongdoers and led to the 2008 collapse,” said Ed Mierzwinski, Consumer Program Director at U.S. PIRG. “This reckless piece of legislation makes the wrong choice for consumers and the economy while Wall Street and predatory lenders cheer.”
The CHOICE Act eviscerates consumer protections by:
- Reversing 150 years of federal policy, the bill eliminates independent funding for the CFPB by placing it under the politicized Congressional appropriations process, giving powerful special interests massive influence over regulation of our financial system and economy;
- Neuters the director by allowing he or she to be fired at will and moving the agency fully under the executive branch;
- Terminating the CFPB’s UDAAP (Unfair, Deceptive, or Abusive Acts and Practices Authority) authority, limiting its ability to protect consumers and end dangerous practices;
- Eliminating the CFPB’s supervisory authority over all banks greater than $10 billion in assets and returning that authority to the bank regulators that infamously ignored warning signs of or even encouraged dangerous practices that led to the 2008 financial crisis;
- Eradicating the CFPB’s public consumer complaint database that forces wrongdoers to respond to consumer complaints;
- Making the CFPB’s key offices, of Older Americans, Financial Empowerment, Service Member Affairs and Students “optional,” so a future anti-consumer director could simply eliminate them. The Office of Students has led the bureau’s lawsuit against Navient, the massive student loan servicer, and has also protected student victims of numerous failed for-profit schools.
The Choice Act also eliminates numerous important safety-and-soundness and investor protections also enacted in the Dodd-Frank Act after the 2008 collapse. The committee is expected to vote on the bill as early as May 2nd and bring it to the floor in May as well, the group said.
“The idea of the CFPB needs no defense, only more defenders,” concluded Speight. “It is shocking that a bill that is the wrong choice for students, service members, veterans, and indeed all consumers and our economy is being seriously considered just 9 years after the second-worst financial collapse in our nation’s history.”
Mr. Charlie’s World.
Promote Martin Luther King County and repair the Village.
I am at a point in my life where I will try anything to get our community re-organized. I have felt since I was 15 watching dogs bite kids my age on TV, that I was created to do one thing and that is no organize my race. Now at 66 I have over 50 years at this and I am still learning.
Nothing has changed over the years except a greater awareness of just how difficult this job is and a greater appreciation of our unique a racial group I am dealing with. We are a collection of dozens of Native American and African tribal nations all mixed up in us. We are the fastest the strongest and the most talented group of people in this nation and maybe the world.
But we lack a cohesive focus a plan and direction for us as individuals and as a group. But unlike our European Americans we don’t operate well as individuals. We are a tribal people whether you lean toward the Native American or African side of the spectrum, which means that we create our individual agenda after we create the tribal agenda. So when we don’t have a group or tribal agenda we flounder and do more to harm each than to help each other.
That is why I created a go fund me page to raise 15,000 to print the legend Martin Luther King County on Tee shirt Hats and cups. We are the only county named after any Black man and yet few outside of the county and many inside don’t even know it exist. 50% of the profits from the items we sell are intended to handle several items that many of you have mentioned to me over the years.
(1) Create a Black community Float for the Sea Fair Parade for the first time in 35 years.
(2) Finish up the martin Luther King Park with Bathroom and a Parking lot.
(3) Create a 5013c social service organization in King County to replace CAMP so I am suggesting (MLK-CAMP) which is Martin Luther King County Advocacy and Motivation Program.
I consider this a fairly modest agenda but it is one that we as a tribal people can come together on and get done. It starts with you going to the Go Fund me page and making a small donation to this cause. I will make sure I am transparent on the money collected or spent because I know how important that is to future effort similar to this. We have been burnt before.
Why do I think we can do all of this from selling tee shirt hats and cups? It is because we are selling them nationally and internationally. The name martin Luther King County will make most people pause for a second and many will buy at least one item if offered s a novelty item.
If we sell 1 item to 1 million of the 60 million Black people in America we will have enough money to do everything we are talking about and more. We intend to sell at every Black National convention and hopefully convince the food and wine industry to work with us to introduce Washington produce in our hospitality suites and introduce many of those people to African American employees. We will sell Martin Luther King County as a entry and exit point for the State of Washington.
Am I dreaming maybe..When we occupied Coleman school it was a dream but now we have a museum. When I proposed building the Martin Luther King Memorial Park it was a farfetched dream but we raised the money and built the second largest Memorial Park for Martin Luther King in the Nation in Martin Luther King County.
So I have learned that you just go on faith, trust the Village, lay out a plan and invite people to participate. Sometimes you are called a fool and sometimes a genius but no one has ever accused me of a refusal to take some action. I hope you join me in this campaign ,https://www.gofundme.com/martin-luther-king-county and you will see the beautiful designed created by legendary Seattle Graphic Artist Al Doggett. Or go to my face book page and take a look.
Let’s take care of business because the county loses its value if no one knows it exist. Let change that and rebuild our extended Village. The tribe is in pain.
Black Women of Brazil profiles Monica Costa, an Afro-Brazilian business owner from the favelas of Rio de Janeiro, who overcame humble beginnings to achieve her American dream. Fourteen years ago, Monica and her husband, Francisco, started Wilniq Auto Body and Mechanical Repair (named after their children William and Monique.) The business has grown to become one of the top-ranked minority and women-owned businesses in the D.C., Maryland, Virginia and Mid-Atlantic area, with nearly 2,000 customers, and notable clients such as Montgomery County Government, Maryland State and Pepco.
Click here for the full story and video profile on Monica Costa, produced by Mable Ivory of Louella Productions.
“In Brazil, Black women have been the base of the social pyramid for centuries and most people only think of them as potential babysitters, maids or Carnaval dancers. Monica’s success in the world’s top economy shows that Brazil does a quarter of its population a huge disservice by not investing in their lives and aspirations. For Monica and millions of other Afro-Brazilian women, opportunity itself is the missing ingredient to a successful, productive future!” says Marques Travae, editor-in-chief and founder of Black Women of Brazil blog.
For Monica, growing up as a darker-skinned, Black woman and daughter of the favelas, she was culturally conditioned to believe that she should settle for a path of limited possibilities. To become a low-wage domestic worker or assistant would have been a socially acceptable and attainable goal for someone of her complexion and income level in Brazil.
“My father begged me to get an education and not become a maid,” said Monica. “He instilled in me that you can be and do anything.”
Monica aims to expand and launch a training facility in Maryland to provide the Black community and minorities with a platform to learn the auto repair business and be future business leaders and owners.
“My goal here is to empower people to feel comfortable and get good service no matter where they go. Empowering women with auto clinics and how to be comfortable around their own cars is paramount,” says Monica. “I also desire to train young black people and minorities to learn the craft, locally as well as internationally.”
The second bill, the “Wounded Warrior Shared Leave Act,” creates a new pool of shared leave for state workers who are veterans or servicemembers. Usually the 6-month probation period prohibits new state employees from using leave. For veterans, that can mean taking unpaid leave while they see a doctor or visit Veterans’ Affairs. For those who sacrifice for us, I think this bit of bureaucracy can be removed.I am thankful to my 30th district seatmate, Senator Mark Miloscia, for hearing two of my veteran and servicemember bills in the Senate State Government committee last week. The first bill would create a new pilot program to connect rural and remote veterans to federal earned services. The services already exist, but far too many veterans cannot access them. This bill would help change that.Both bills, HB 1571 and HB 1802, passed out of the House with overwhelming bipartisan support. In order to become a law, they must first pass out of the Senate committee, and then get passed off the Senate floor. I am hoping for bipartisan support to pass both bills into law.
I have heard from so many of you about Sound Transit and the increase in your car tab taxes. What became clear very quickly as the public shared their concerns with the legislature was that the primary focus was on punishing Sound Transit’s board or accountability measures that didn’t solve the actual problem of higher costs out of your pocket.
One thing I saw missing was YOUR interests.
What I have clearly heard is that some of you cannot afford these fees at all and it is the difference between food that month, medicine, gas to get to and from work or registering your car. Which is why I introduced HB 2148 to establish a rebate program to get real money back into the pockets of working families who need it the most.
I get that everyone is upset about the high cost of the ST3 car tabs. We are all feeling the sticker shock of these new taxes and as a working mom, my family feels the sting every time we have unexpected costs, too, but I am working hard to balance the wishes of all our neighbors, including those who voted in support of ST3.
There are still ongoing discussions and ideas being shared in the Legislature about how to fix the larger issue around the formula that Sound Transit uses to tax your vehicle. I will continue talking to my colleagues about how we can include this rebate program and other accountability solutions to ensure you know exactly what you are getting from Sound Transit and I will keep you updated as this effort progresses.
Barriers to Success: Moving Toward a Deeper Understanding of Adversity’s Effects on Adolescents , funded by Target, is a collection of findings from four separate studies on the role that multiple adversities play in the developmental outcomes of youth and how social supports can buffer the effects of adversity.
Despite increased high school graduation and college completion rates, declining teen pregnancy rates and less risky behavior among teens, many young people – particularly those in low-income communities – are not thriving. Data from each of the four studies shows that young people in low-income communities experience cycles of adversity and trauma that halt social mobility, educational progress, and emotional and social development.
Adversities accounted for in the study include economic hardship, parental divorce, incarceration or death of a parent, domestic violence, neighborhood violence, mental illness in a family member, and a family member dealing with substance abuse.
Understanding these findings will help practitioners and policymakers develop tailored interventions to mitigate the effects of multiple adversities on the lives of America’s youth.
“This report presents us with insights into the severe struggles that too many youth in our country face and the long-term consequences of these struggles,” said Dr. Jonathan Zaff, executive director, Center for Promise. “Children of color and children living below the federal poverty line are much more likely to experience myriad adversities in their homes and throughout their communities. Despite these struggles, we see many of these same youth succeed in school and in life. Our research shows that social supports from family and other adults in their lives and social supports for young people’s parents can help youth overcome their struggles.”
- Adversities experienced by youth differ by income, maternal education, and race and ethnic background. White youth are more likely to grow up without adversity. Over half of White youth reported none of eight adversities listed compared to a little more than one-third of Black youth. On the other hand, young people identifying as Black or multi-racial had the highest rates of three or more adversities, at 16.6 percent and 15.5 percent, respectively.
- The cumulative number and type of adversities young people experience matters. Adolescents who experienced certain clusters of adversities had lower probability of flourishing than others who had experienced different clusters of adversities; some were more likely than others to graduate high school, attend college, and hold a stable job. For example, clusters like violence and the loss of a parent were found to be the most harmful to a young person’s development.
- Relationships can buffer the effects of multiple adversities for young people. The study found that for each additional adverse family experience a young person encounters, neighborhood support buffered the negative effects. There was still an increase in parenting stress, but it was significantly lower for mothers who had neighborhood support than those who did not.
Barriers to Success builds off of the Center’s previous reports, Don’t Call Them Dropouts and Don’t Quit on Me, which shed light on the way adversities affect a young person’s decision to leave school before graduation and the relationships and supports that help them to stay on track or re-engage once they have left.
Report & Other Resources
To access the full report, graphics and other resources, please visit http://www.americaspromise.
Authors & Sponsors
Michelle V. Porche, Ed.D is an associate professor of practice in Applied Human Development at the Boston University School of Education. Jingtong Pan is a doctoral candidate in Child Study and Human Development at Tufts University. Jonathan F. Zaff, Ph.D., the executive director of the Center for Promise, is also a Research Associate Professor in Applied Human Development at the Boston University School of Education.
This research study, Barriers to Success, is generously supported by Target.
More than one-quarter of children living in poverty (28 percent) experience three or more reported adversities in their adolescence, a rate nearly six times that of their middle and upper class peers, according to a new report by the Center for Promise, the applied research institute of America’s Promise Alliance. Multiple adversities, the research shows, put young people at increased risk of performing poorly in school or dropping out.
— Grants Awarded in Kentucky, Louisiana, North Carolina, Washington, and West Virginia through Pilot Project —
The National Association of County and City Health Officials (NACCHO), with support from the Centers for Disease Control and Prevention (CDC), has awarded grants to six entities to support community water fluoridation.
Dental cavities are a common chronic disease among American children; one in four children living below the federal poverty level experience untreated cavities. Water fluoridation prevents cavities by providing frequent and consistent contact with low levels of fluoride, ultimately reducing cavities by about 25% in children and adults.
“Science has demonstrated the effectiveness and benefits of water fluoridation on oral health,” said NACCHO’s Interim Executive Director and Chief Program Officer William M. Barnes, PhD, MBA. “NACCHO and the CDC are collaborating to help communities maintain their support for water fluoridation, especially in rural and low-income areas. We are committed to reducing health disparities and improving the quality of life for everyone.”
In January 2017, NACCHO, in partnership with the CDC, announced the project “Building Capacity for Oral Health: Fluoridation Equipment in Local Communities,” designed to support communities to either replace aging water fluoridation equipment or install new equipment for community water fluoridation. This one-time funding opportunity also helped to identify the need for assistance to support core infrastructure and inform future opportunities for similar projects.
While these community water systems work to diligently maintain their equipment, aging equipment poses a challenge after many years of use, particularly for small systems where resources are scarce. NACCHO received 27 grant applications from 13 states. A total of $125,000 was awarded to the following six grantees:
- Bowling Green Municipal Utilities, KY (pop. 125,000)
- City of Fircrest, WA (pop. 6,500)
- City of Kannapolis, NC (pop. 53,100)
- Jefferson Parish Water Department East Bank, LA (pop. 243,782)
- Versailles Municipal Utility, KY (pop. 6,200)
- West Virginia Oral Health Coalition, WV (pop. 1,634)
Water fluoridation is one of the most practical, cost-effective, equitable, and safe measures to improve a community’s oral health.NACCHO is pleased to have the opportunity to provide these communities with the infrastructure support that will aid them inmaintaining effective water fluoridation for the communities they serve.