2022 Black Well-being Final w links for Web 11.29.22 - Flipbook - Page 41
BLACK WELL-BEING REPORT 2022
BLACK FUTURE CO-OP FUND
Increase and sustain Black homeownership
Homeownership is currently an important pathway to generational wealth and even
community building. Currently 34% of Black households in Washington own their
home.111
• Educate our communities on homeownership as a pathway to
generational wealth.
• Build awareness of predatory practices and how they work.
• Fund Black organizations that are working to increase
homeownership.
• Increase the amounts of money dedicated to down payment
assistance.
• Create funding streams to keep Black homeowners in their
homes.
• Explore non-traditional options for homeownership.
Get more Black involvement in urban planning
We need more Black people influencing what our neighborhoods look like and how
they function — the amount and types of housing, businesses, greenspace, and
transportation.
• Increase urban planning literacy in Black communities.
• Make neighborhood planning accessible to Black families.
• Pay Black residents well to participate in neighborhood and
regional planning.
• Learn what state, local, regional agencies, like Puget Sound Regional
Council, are already planning decades out.
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