Close The Gap
A Solutions Based Approach
The path to homeownership is not the same for every household. For some, it may take down payment and closing cost assistance. For others, purchasing a community land trust home to bridge from rental to fee simple homeownership, and for others, multi-year credit repair and savings program to move from rental to homeownership. The application of these strategies must be shaped at the local level based on history, quantitative and qualitative data, and the capacity and will of current actors in a local housing ecosystem. Making system-wide improvements in addressing racial inequity can be a heavy lift in the wake of decades of systemic discrimination, but it can and must be done.
The Coalition’s Closing the Gap Grant Program is a 24-month, 3:1 matching competitive grant program for local governments designed to implement a community-centered, sustainable, and systemic effort to close the gap in homeownership between the Black and white community.
The Florida Housing Coalition is proud to announce the winners of its competitive grant program entitled Closing the Racial Gap in Homeownership (Closing the Gap).— both the City of Fort Pierce, and the City of West Palm Beach will receive 24 months of technical assistance to help close the homeownership gap amongst Black and white families in their respective communities. The Coalition will be engaging with public and private sector partners and stakeholders to address the history, the policies, and the programs that impact racial inequity in housing and assist the community with implementing solutions. (READ MORE…)
The Closing the Racial Disparity Gap in Homeownership Grant Program takes its inspiration from Richard Rothstein’s groundbreaking book Color of Law
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