Are $40,000 Loans The Key To Closing Denver’s Racial Home Ownership Gap?

March 9, 2022

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Dearfield Fund In The News

City Cast Denver Podcast

Until recently, Justin Murchison wasn’t really thinking about buying a home. He was more focused on paying down his credit card debt and taking care of his plants. Then he stumbled upon on opportunity that most young people in Denver only dream about: a path to buying their first home.

City Cast Denver host Bree Davies chats with Justin about his journey to homeownership. Plus, we’ll hear from Santhosh Ramdoss, vice president of impact investing at Gary Community Ventures. He helped create The Dearfield Fund that made Justin’s home purchase possible and he says it could be the key to shrinking Denver’s racial home ownership gap.

Wanna know where Gary Community Ventures got that name for their fund — Dearfield? We talked about the historic Black homesteading community with Westword editor Patty Calhoun a few weeks ago, and you can learn even more courtesy of the Colorado Encyclopedia.


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Annual Letter & Impact Report

The Black and African American community is filled with assets that have always grown over time. Hear from Dearfield Fund homeowners as they share how homeownership has enriched their lives.