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[Easton, PA, Feb 27th 2024] – As Black History Month closes, the Lehigh Valley Black Church Housing Alliance (LVBCHA) reaffirms its commitment to empowering Black ownership in America with a series of free homeownership seminars for the community. These seminars, designed to educate attendees on the home buying process, financial literacy, home buying programs, credit repair, and financial education for youth, underscore the importance of Black Americans gaining access to and understanding the tools necessary for homeownership and wealth building.
Historically, Black Americans have faced systemic barriers to land ownership and homeownership, perpetuating economic disparities within communities of color. From redlining practices by banks that systematically denied mortgage loans to Black neighborhoods to racially restrictive covenants that prohibited Black individuals from owning property in certain areas, the journey to homeownership for Black Americans has been marred by injustice and discrimination.
Even after World War II, when programs were introduced to assist veterans in purchasing homes, Black soldiers returning home were often denied access to these benefits, further exacerbating the racial wealth gap. These injustices underscore the critical need for initiatives like those offered by the LVBCHA, which seek to provide Black individuals and families with the knowledge and resources necessary to navigate the complexities of the home buying process and build intergenerational wealth.
“During Black History Month and beyond, it is imperative that we recognize the historical injustices faced by Black Americans in their pursuit of homeownership,” said Dr. Phillip Davis, Director of the LVBCHA. “By providing education and support in areas such as financial literacy and home buying programs, we are equipping our community with the tools they need to overcome systemic barriers and achieve economic empowerment.”
Through these seminars, the LVBCHA aims to empower Black individuals and families to take control of their financial futures and break the cycle of economic inequality. By fostering a deeper understanding of the home buying process and financial literacy, attendees will be better positioned to make informed decisions that lead to long-term stability and prosperity.
The Lehigh Valley Black Church Housing Alliance invites members of the community to participate in these free seminars and take the first step towards achieving their homeownership dreams. For more information and to register for upcoming seminars, visit www.lvbcha.org.
About Lehigh Valley Black Church Housing Alliance, The Lehigh Valley Black Church Housing Alliance is dedicated to empowering Black ownership and economic prosperity in the Lehigh Valley region. Through education, advocacy, and community engagement, the LVBCHA works to dismantle systemic barriers to homeownership and promote financial literacy and stability within the Black community.
Information provided to TVL by:
Kevin Greene
