Black Americans Are Missing Out On Homeownership As A Source Of Generational Wealth — Nonprofit HERO Aims To Change That

According to its website, HERO offers various forms of support such as “downpayment assistance, debt relief, cash reserve improvement, and covering loan fees.” These resources aim to combat the systemic biases that historically block disadvantaged communities from becoming homeowners.

According to HERO, many assistance programs only offer downpayment assistance when credit is often the biggest hurdle. So the organization is unique in providing debt-to-income assistance as well as. In addition, it offers credit counseling for free to disadvantaged households.