Decades of discrimination have left millions of African Americans shut out of the housing market and at risk of being targeted by predatory lenders and exploitative loans. But capital collectives pool resources and reduce individual risk and can be a way for low-income Americans to buy into a home. One example is the East Bay Permanent Real Estate Cooperative, in Oakland, CA which stepped in to do what developers would not, and make permanent housing available for low-income African Americans and other discriminated-against people of color. Can cooperation and shared stewardship be a route to realizing the “American Dream” that has been sold to so many, so effectively, for so long? Or do we need a different, shared dream to address the racial housing-wealth gap in the 21st century? Full episode notes including related articles and LFShow episodes to watch and/or listen to are posted at https://Patreon.com/theLFShow. Patreon Members receive access to the FULL UNCUT CONVERSATION. We are listener & viewer sponsored. The show airs on 300+ Public Television households across the U.S., on over 40 community radio stations and as a podcast. Become a member at https://Patreon.com/theLFShow
Decades of discrimination have left millions of African Americans shut out of the housing market and at risk of being targeted by predatory lenders and exploitative loans. But capital collectives pool resources and reduce individual risk and can be a way for low-income Americans to buy into a home. One example is the East Bay Permanent Real Estate Cooperative, in Oakland, CA which stepped in to do what developers would not, and make permanent housing available for low-income African Americans and other discriminated-against people of color. Can cooperation and shared stewardship be a route to realizing the “American Dream” that has been sold to so many, so effectively, for so long? Or do we need a different, shared dream to address the racial housing-wealth gap in the 21st century?
Guests:
Najaah Yasmine Daniels: Community Manager, Inclusive Capital Collective
Jessica Gordon-Nembhard: Ph.D. Professor, John Jay College City University of New York
Noni D. Session: Co-Founder and Executive Director, East Bay Permanent Real Estate Cooperative
Full episode notes including related articles and LFShow episodes to watch and/or listen to are posted at Patreon HERE. Patreon Members receive access to the FULL UNCUT CONVERSATION. We are listener & viewer sponsored. The show airs on 300+ Public Television households across the U.S., on over 40 community radio stations and as a podcast. Become a member at https://Patreon.com/theLFShow