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"Homeownership is the quickest, easiest way of building assets and family's generational wealth and we're losing out in our communities of color," said Laura Jaramillo, Executive DShe's the first in her family to own a home.Workshop planned to provide Black men with knowledge, resources to become homeowners
The goal is to combine resources to help 5,000 minority households, Houstonians like Rogers, buy their own homes by 2025. "When people are not aware of their rights, they're not aware of the laws in place to protect them," Marry Guerra, a HUD-certified housing counselor with Fifth Ward Community Redevelopment Corporation, explained.
According to Rice University's Kinder Institute, rent prices in Houston increased 30% from 2015 to 2021.Fifty-one percent of renter households in Houston and Harris County are considered cost-burdened, meaning families spend more than 30% of their incomes on housing.
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