Page 74 - Region 5 NAR Update

• Moretangibly,NAR,NAREB,andtheUrbanInstitutelastyear convened for a roundtable discussion focused on this goal of bolstering African American home ownership rates.
• Afive-pointframeworkthatcanbeappliedacrossallminority communities emerged from these conversations and is continually expanded upon in our work toward closing the gap.
• Intheend,thefactthathomeownershipratesforAfrican Americans have regressed in spite of fair housing laws shows us how many barriers we still must climb to get to where we want to be.
• Butbystrengtheningpost-purchasecounseling;funding programs to prevent foreclosure for low- and moderate-income and vulnerable families of color; and building tools that help create early-warning displacement triggers, we can ensure first- time homebuyers have the knowledge and resources to remain homeowners for the rest of their lives.
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