"I try to provide consumers with what I wish I had growing up... I'm trying to make homes in certain areas livable again. I can't just be a part of that problem. I want to be a part of the solution."
"According to public record tax assessor data, all four [of Morgan's properties] are now also owner-occupied. Nationwide, 43% of distressed properties sold at auction were in low-income or minority Census tracts..."
"Morgan purchased four properties at foreclosure auction... All four of those properties were in low-income and minority Census tracts, as defined by the [FHFA]."
#distressed-properties #community-development #underserved-neighborhoods #minority-communities #auction-market
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