"Homeownership is a crucial asset for building generational wealth and equity and for stabilizing neighborhoods and communities, but a history of racist housing practices has made acquiring and maintaining a home more challenging for many Black families in the city," said Kevin Wolfe, Deputy Director of Advocacy & Public Affairs at The Center for New York City Neighborhoods.
"We're grateful for KeyBank's partnership and support in helping the Black Homeownership Project advance its mission of growing affordable homeownership opportunities and preventing displacement for New York's Black communities who have systematically been excluded from the system."
The $20,000 grant from KeyBank Foundation will support program staff working across five pilot initiatives of the Black Homeownership Project, which includes educational workshops and one-on-one assistance for homeowners.
This new funding follows a two-year, $150,000 foundation grant made in 2022 to launch CNYCN's Savings Accelerator and Pathways to Tenant Purchases programs aimed at helping Black families achieve homeownership.
[
Collection
]
[
|
...
]