THE FUTURE MUST BE IN THEIR HANDS!
According to a 2020 Brooking institute study,
"A close examination of wealth in the U.S. finds evidence of staggering racial disparities. In 2016, at $171,000, the net worth of a typical White family is nearly ten times greater than that of a Black family ($17,150). Gaps in wealth between Black and White households reveal the effects of accumulated inequality and discrimination, as well as differences in power and opportunity that can be traced back to this nation’s inception. The Black-White wealth gap reflects a society that has not and does not afford equality of opportunity to all its citizens."
Cincinnati is truly a tale of two cities. Here, Blacks own only 29 percent of owner-occupied units, compared to Whites, who own 66.4 percent. In Hamilton County, Blacks own 16.2 percent of such homes, as compared to Whites who own 80.4 percent. And nationally, blacks own 8.1 percent of such units while whites own 82.8 percent. This disparity is a result of hundreds of years of discrimination, corruption, and abuse.
As noted by the Cincinnati Port Authority:
"When it comes to wealth–the paramount indicator of economic security–there has been virtually no progress [for African Americans] in the last 50 years...The typical black family today has only 10 cents for every dollar held by the typical white family...this is why the wealth gap between black and white Americans persists".
HOW WE'RE MAKING A DIFFERENCE!
Since 2014, we have been providing valuable construction-industry mentorship, advocacy, education, knowledge, skills, real estate economics education, and job placement to Blacks, and other underserved communities in Cincinnati. --People who cannot otherwise find a pathway into the lucrative construction industry. In doing so, we not only help many of the Queen City's residents gain excellent wages in the construction industry, but also fulfill their dream of economic stability, mobility, and prosperity by providing a new, clear and unobstructed path to home ownership.
