Seattle family real estate business shares hope amid decades-old racist housing practices

  • 📰 KING5Seattle
  • ⏱ Reading Time:
  • 70 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 31%
  • Publisher: 53%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Frank Family Properties spent years picketing banks to expose redlining in the Central District.

SEATTLE — Systemic racism created barriers for Black and BIPOC families to become homeowners. Nearly a century later, several challenges remain.

"We grew up putting pickets on banks, you know literally banks and bankers' homes to amplify the injustice of redlining and just to expose it," Dana said."We were refused." "He got to Seattle and when he saw Mount Rainier and the Olympics and Lake Washington, he just thought he was in God's country," Dana said. For 15 years, Dana said her parents purchased at least one piece of property every year.

"Starting from zero, just working our way up," Theresa said."To build this and to pass it on to the children is just amazing."Theresa Frank, co-founder of Frank Family Properties, stands outside one of the family's first Seattle that was purchased in the 1950's and 1960's."I wouldn't be sitting here without their knowledge and their hard work," Brett said."The impact that my grandparents started so long ago.

Four main components contribute to King County's Black homeownership drop-off, according to Crowder: declining affordability, household income disparity, lack of intergenerational wealth and limited access to credit. Providing grants toward a home purchase versus a loan would be life-changing for Black families in Western Washington, according to Bascomb."Daddy always wanted to renovate properties so Black people could live with dignity," said Dana Frank.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 457. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

대한민국 최근 뉴스, 대한민국 헤드 라인