Propiedad de la vivienda

HOMEOWNERSHIP

PA'LANTE brinda asistencia técnica y capacitación a los accionistas que viven en cooperativas HDFC y asociaciones de inquilinos inscritas en el Programa de Compra de Apartamentos de Arrendamiento Interino (TIL) de Preservación y Desarrollo de Vivienda de la Ciudad de Nueva York.

Después de que el Fiscal General del Estado de Nueva York aprueba la conversión cooperativa, PA'LANTE Harlem, en colaboración con sus proveedores legales y socios comunitarios, brinda apoyo a los accionistas mediante capacitación y asistencia técnica especializada.

Homeownership rates among Black and Brown communities in New York City (NYC) reflect significant disparities compared to other racial and ethnic groups. These disparities are influenced by various factors including historical inequities, economic challenges, and access to affordable housing programs.

Homeownership Rates

As of recent data, Black and Hispanic households in NYC have lower rates of homeownership compared to White and Asian households.

According to the latest census figures, approximately 30% of Black households and 20% of Hispanic households in NYC own their homes, compared to 50% of White households and 60% of Asian households.

Economic Barriers

Economic disparities play a crucial role in homeownership rates. Black and Hispanic households often face higher hurdles in securing mortgages due to lower median incomes, limited access to generational wealth, and higher rates of mortgage denial or subprime lending.

Our Approach

Addressing racial disparities in homeownership requires a multifaceted approach involving policy reforms, increased affordable housing stock, financial literacy programs, and efforts to combat discriminatory lending practices.

HOMEOWNER TRAINING

Online training aims to empower individuals with the knowledge and skills necessary to navigate the complexities of purchasing and maintaining a home. This initiative caters to prospective homeowners, offering learning experience to better understand homeownership.