富国银行基金会颁奖额750万美元向LISC Virginia颁发,扩大有色家庭的房屋

通过房屋所有权(Worth)赠款恢复财富机会将帮助大约5,000个有色人种
2022年10月24日,美国东部时间下午4:30

Wells Fargo Foundation Awards $7.5 Million to LISC Virginia to Expand Homeowner…

Richmond Mayor Levar Stoney, Henrico County Manager John Vithoulkas, local and State elected officials joined LISC Virginia and the RVA WORTH Homeownership Collaborative to announce the launch of a new initiative to expand homeownership opportunities for Black, Hispanic, and other underserved individuals and families.该倡议由富国银行基金会(Wells Fargo Foundation)提供了750万美元的赠款,由小组讨论开始,由合作式讨论的著名领导人讨论了该地区种族房屋所有权差距的潜在解决方案。

The donation to Local Initiatives Support Corporation, or LISC, Virginia comes from Wells Fargo’s Wealth Opportunity Restored Through Homeownership, or WORTH, initiative, a $60 million national effort to address systemic barriers to homeownership for people of color. Richmond is one of eight markets across the U.S. to receive a WORTH grant, which aims to help create 5,000 new homeowners of color in Virginia by the end of 2025.

“As a company, we’re committed to creating opportunities for more people of color to buy their own homes,” said Otis Rolley, president of the Wells Fargo Foundation and head of Philanthropy and Community Impact. “We know that without very deliberate interventions from the public and private sector, there is risk that the racial homeownership gap will continue to grow. Today’s donation in Richmond is about identifying specific housing challenges in the region and accelerating actions that will build homeownership, which in turn, grows generational wealth.”

According to the RVA Collaborative, the plan is to implement a variety of strategies to expand housing inventory and support homebuyers of color, including:

  • Comprehensive outreach and education campaigns
  • 增加获取灵活,负担得起的产品和资源的潜在购房者的访问权限
  • Innovations that reduce construction costs and enhance capacity to deliver more housing stock
  • 持续的政策努力解决影响房屋所有权的系统障碍

“The WORTH Plan represents a call to action for our region to commit to a common value of equitable economic mobility and create a more level playing field for people of color who aspire to achieving wealth building through homeownership.” said Jane Ferrara, Executive Director of LISC Virginia.

About LISC Virginia

As a local office of the largest Community Development Financial Institution (CDFI) in the United States, our reach is national, and our impact is local. Since 1990, LISC Virginia has raised $30 million locally, leveraging investments of $575 million for Virginia neighborhoods. By leveraging private and public resources, we have supported the development of more than 3,800 affordable homes, 300,000 square feet of retail and community facilities, 45,000 square feet of library space, two childcare centers, six football fields, 35 small businesses on neighborhood commercial corridors, and one community health center. LISC Virginia has also provided more than 10,000 hours of management assistance and training to our community development partners.

About the RVAWORTH Collaborative

The Collaborative consists of multiple members under the leadership of LISC Virginia. Since 2021, this group has met bi‑monthly and engaged directly with BIPOC homebuyers and the larger stakeholder community via a series of focus groups and meetings. This research formed the basis of the interventions established for this plan. Core members include Better Housing Coalition, Chamber RVA, Crater Planning Commission, HDAdvisors, HOME, Partnership for Housing Affordability, PlanRVA, project:HOMES, Richmond Metropolitan Habitat for Humanity, Richmond Redevelopment and Housing Authority, Southside Community Development and Housing Corporation, Virginia Dept. of Housing and Community Development, and Virginia Housing.