Black Home
Ownership
Network

Black Home Ownership Network

BHON is a platform that helps people to overcome systemic barriers while providing pathways to homeownership through our partnerships and practical solutions that build generational wealth.

Mailing List / Register

Black Home Ownership
TOWN-HALL
July 22nd, 2021

Black Home Ownership
FORUM
September 12th, 2021

Black Home Ownership Network

Dream Land - PBS

The Ghetto - The Roots

Land Theft - The Atlantic

Lowest Net Worth - Fox Soul

Black Home
Ownership
Network

About The Black Home Ownership Network

We are in the business of promoting literacy, while providing support for policies that reduce racial wealth inequalities, with the primary objective of breaking down barriers that limits opportunities for minority groups, especially black people.

and closing the racial wealth gap!

Breaking down barriers for first-time homebuyers

and closing the racial wealth gap!

Promoting Literacy And Advocating For Investment Into Black Home Ownership. Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant. Simplified mortgage process. Connect with a mortgage broker and start your application, all at once. Order your credit score report to learn your borrowing eligibility. Guarantee the best prices. Request quotes from any of our trusted service providers. Compare prices and take your next steps with less time, money, and effort spent.

About BHON

Black Home Ownership Network is a community-driven mentorship and advocacy platform that equips individuals and families with tools, guidance, and incentives to reduce the negative impact of systemic barriers while expanding equitable access to homeownership and real estate investment opportunities. Through our partnerships with stakeholders and industry experts, we create proven pathways that support long-term success and generational wealth for Black and African communities.

Sur BHON

Black Home Ownership Network est une plateforme communautaire de mentorat et de plaidoyer qui fournit aux individus et aux familles les outils, les conseils et les incitations nécessaires pour atténuer l’impact négatif des obstacles systémiques, tout en élargissant l’accès équitable à la propriété et aux opportunités d’investissement immobilier. Grâce à nos partenariats avec les acteurs clés et les experts du secteur, nous créons des stratégies éprouvées qui favorisent la réussite à long terme et la transmission du patrimoine aux générations futures des communautés noires et africaines.

The Black Experience

The Black experience often includes systemic challenges in accessing fair employment opportunities, financial services, and lending. These are key factors necessary for homeownership and long-term financial stability. These barriers contribute to unequal outcomes that make it more difficult for many Black individuals and families to achieve economic security and a high quality of life.

Research consistently shows that homeownership is one of the primary ways families build and pass on generational wealth. This reality highlights the urgent need for greater financial inclusion and equitable access to real estate, credit, employment, and other wealth-building opportunities within Black communities.

L'expérience noire

L’expérience des personnes noires est souvent marquée par des obstacles systémiques à l’accès à l’emploi, aux services financiers et au crédit. Or, ces éléments sont essentiels à l’accession à la propriété et à une stabilité financière durable. Ces barrières contribuent à des inégalités qui rendent plus difficile pour de nombreuses personnes et familles noires d’atteindre la sécurité économique et une bonne qualité de vie.

Les études montrent régulièrement que l’accession à la propriété est l’un des principaux moyens pour les familles de constituer et de transmettre un patrimoine intergénérationnel. Ce constat souligne l’urgence d’une meilleure inclusion financière et d’un accès équitable à l’immobilier, au crédit, à l’emploi et aux autres opportunités de création de richesse au sein des communautés noires.

Affordable Housing

Across the United States, Canada, and the United Kingdom, research shows that a disproportionate number of Black individuals and families are renters rather than homeowners. Many live with ongoing uncertainty, facing the risk of sudden rent increases or unfair evictions that threaten housing stability.

At the same time, rising housing costs are pricing many Black renters out of first-time homeownership, while bias and limited affordability continue to restrict access to safe, quality rental options. Addressing these challenges is essential to achieving meaningful equity, inclusion, and long-term housing security for Black communities.

Le logement abordable

Aux États-Unis, au Canada et au Royaume-Uni, des études montrent qu’un nombre disproportionné de personnes et de familles noires sont locataires plutôt que propriétaires. Nombre d’entre elles vivent dans une précarité permanente, exposées au risque de hausses de loyer soudaines ou d’expulsions abusives qui menacent leur stabilité résidentielle.

Parallèlement, la hausse des prix de l’immobilier empêche de nombreux locataires noirs d’accéder à la propriété, tandis que les préjugés et le manque de moyens financiers continuent de limiter l’accès à des logements locatifs sûrs et de qualité. Relever ces défis est essentiel pour parvenir à une véritable équité, à l’inclusion et à une sécurité de logement durable pour les communautés noires.

MISSION

Promoting literacy while advocating for equitable policies that strengthen Black homeownership and generational wealth.

MISSION

Promouvoir l’alphabétisation tout en plaidant pour des politiques équitables qui renforcent l’accès à la propriété pour les Noirs et la transmission du patrimoine intergénérationnel.

Blacks Buy Homes - Black Public Media

Systemic Racism - BET

Sign-Up To Join

The BHON Program

Press Release

August 12th 2021

Homebuying checklist; Every step to your new home – from start to finish. Real estate listings; Browse MLS listings to find your dream home. Neighbourhood profiles; Detailed analytics for insight on your ideal area to live. Mortgage calculator; Review your budget and find out what you can afford. Home & auto insurance; Compare and select from the best insurance options for your needs. Moving services; Flexible options for moving and storage services. Local property services; Trusted partners for locksmiths, lawn care, cleaners, and more. Update address; Update your address, redirect your mail, and more. Transfer utilities; Setup your utilities and other services before moving in date.

Find your dream home By Browsing our MLS listings. Build your team and Share your experience. Order the services you need by Using our homebuyer’s checklist as a guide. Instant home valuation reports. Find peace of mind by learning the true market value of any property, any time, in an instant. Simplified mortgage process. Connect with a mortgage broker and start your application, all at once. Order your credit score report to learn your borrowing eligibility. Guarantee the best prices. Request quotes from any of our trusted service providers. Compare prices and take your next steps with less time, money, and effort spent.

Email: DiversityAdvancement@Gmail.com

How To Participate

Individual
Option

Buying a home may be the biggest purchase most people will make in their lifetime. Buying as an individual is the most common way people purchase and get qualified for financing. Although married couples are able to qualify for financing much more easily compared to others, homeownership is not just for married couples. Though going it alone can sometimes be a little more challenging than purchasing with a partner, single people can benefit from owning their own home just as much as anyone else. Despite rising home prices, real estate is still an important investment for many Canadians, with many non-home owners still looking to own a home. You will need to save for down payment, pay up debts, have a full time job and good credit scores.

Group
Option

Decades ago, buying real estate as a group, with friends, and family members was the traditional way of purchasing a home and large piece of land, but in recent times, more groups of investors have been formed by mostly strangers who end up working together to achieve a common investment objective. Some individuals who lack the criteria or capital to buy alone have built wealth and financial stability by buying properties with other like-minded people who have the capital and some other criterias that may be lacking. Some contributors may be passive while others are more involved. Some view real estate as an alternative to stocks and bonds. A legal agreement is always formulated to define expectations, terms and percentages for each investor.

Corporate
Option

Buying as a corporation has become more popular in recent years and many find it has a better option due to it’s benefits and much more. Some who like this option are into real estate to buy and flip within a short period, while others are investors who keep the property for a longer time to yield returns. Qualifying for a mortgage with an incorporated business can be more complex due to more documentation required compared to getting a similar loan as an individual or through a partnership. A commercial loan and real estate purchase can be more complex compared to a residential real estate mortgage approval. This is also an attractive option because it offers limited liability protection, tax benefits, a life-time capital gain exemption, and much more.

Your Logo

Your Dream Home Starts Here

Annual Campaign

Featured On Texas TV

The struggle - PBS News

Agents Push back - ABC News

Disparities - Johns Hopkins Medicine

Helpful Strategies - NAREB

The Great Reset And Home Ownership

As The Real Estate Market Prices Continue To Skyrocket, A Majority Of Black People Are Left Out Of Home Ownership, And This May Get Worse As Global Corporations Through The World Economic Forum Are Planning A Reset That Will Affect The Traditional Way Of Owning A Property. At Black Home Ownership Network, We Will Continue To Promote Financial Literacy While Advocating For Investments Into Black Home Ownership.

Real Estate Perspectives

Chris Jones

Realtor

Housing Market

A Roadmap - UCLA

The Real News Network

How Banks Undermine

Why Blacks are Poorer

Media Reports

Urban Institute

Rated 5 out of 5

The State Of Home Purchase Today!
It’s depressing that black homeownership rate and overall wealth gap have reached alarming levels. The black homeownership rate has persistently lagged behind that of white families, a gap that has widened since the Great Recession. In 2017, the black homeownership rate (41.8 percent) was the lowest of all racial and ethnic groups. Between 2000 and 2017, the black homeownership rate dropped 4.8 percentage points, a loss of about 770,000 black homeowners, while the homeownership rates of other racial and ethnic groups either remained constant or increased.

NBC News

Rated 5 out of 5

The Housing Market Today!
Black Americans still pay more than any other group to own a home, a disparity that over 30 years contributes to roughly half the current $130,000 gap between Blacks and whites in savings at retirement, a recent Massachusetts Institute of Technology study shows. The annual difference of $743 in mortgage interest payments, $550 in mortgage insurance premiums and $390 in property taxes, when invested over 30 years results in lost retirement savings of $67,320 for Black homeowners, according to the study called “The Unequal Costs of Black Homeownership.”