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...