Aisha T. Weeks has joined the Dearfield Fund for Black Wealth as Managing Director. Aisha will take the lead in growing the Dearfield Fund alongside our partners and building it into the nation’s premier platform for Black and African American homeownership and wealth...
The Dearfield Fund
‘I Don’t Want My Kids To Go Through This’: Colorado Program Helps Black Families Obtain Home Ownership
A history of discrimination in Colorado has prevented Black families from buying homes and passing down generational wealth. A new program hopes to close the racial wealth gap by helping Black home seekers achieve the dream of ownership.
Helping Black families bridge the wealth gap with down payment assistance
Scripps News: Vanessa Misciagna DENVER — Justin Murchison is now a proud homeowner. He purchased his first home in 2021. “I’m so used to apartments. I’m so used to renting. I’m so used to moving in two years, you know what I mean? But this is the first time which I...
How a Local Fund is Helping Black Families Buy Homes
5280 Magazine: Barbara UruzaUp until a few months ago, Justin Murchison had no plans to buy a home—anytime soon, that is. Like many millennials, the 29-year-old was renting a home in Aurora with a couple of roommates. As a single, Black man who is “not making close to...
Are $40,000 Loans The Key To Closing Denver’s Racial Home Ownership Gap?
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...
A massive wealth gap is icing Black families out of Colorado’s housing market. One group says it has a fix.
Denverite: Kyle Harris The wealth gap between white and Black families with kids can be as large as 100 to 1, according to Gary Community Ventures, a Denver-based philanthropic organization that serves metro area families. Part of the Gary Community Ventures mission...
A new fund seeks to close the racial wealth gap by helping Black families buy homes in metro Denver
Colorado Sun: Tatiana Flowers. Photo courtesy of the Tatiana Flowers and the Colorado Sun Ninety-three percent of Black families that have the credit score and income to qualify for a home loan do not move on to purchase a home because they lack the cash needed for...
Newly Created Dearfield Fund for Black Wealth seeks to close the racial wealth gap through home ownership
DENVER — First-time Black and African American homebuyers in the Denver metro area can utilize up to $40,000 in down payment assistance through the newly created Dearfield Fund for Black Wealth. Since its soft launch in September 2021, the Dearfield Fund has provided...