The National Association of Real-Estate Brokers (NAREB) Two Million New Black Homeowner Program (2MN5) is one of NAREB’s solutions in response to its annual report the State of Housing in Black America (SHIBA) ®, with a short and long-term core objectives to eliminate the racial gap and disparities in homeownership in the United States (41% Black vs. 71% White).
On April 11, 1968, one week after the assassination of Rev. Dr. Martin Luther King, Jr., President Lyndon B. Johnson, signed the Fair Housing Act into Law to end or quell the civil unrest, protests and riots in many U.S. cities. NAREB national and local leaders were instrumental in pushing for and litigating to ensure the full implementation of the Fair Housing Law. The signing of the landmark Civil Rights Act of 1968, which came to be known as the Fair Housing Law not only prohibited discrimination in housing on the basis of race, color, creed, and national origin, but also helped to expand business and career opportunities for Black Americans operating in the real estate industry and those interested entering the real estate profession.
Home Ownership Programs
The SHIBA Report is very comprehensive. It provides a detail view into the real numbers and facts that impact and impede Black families from realizing the dream of homeownership. NAREB is committed to changing the statistics through our members and industry relationships. Our goal is to continue to show Black families the issues which affect them, and bring solutions to overcome these barriers. Take time to review the Report which was published in 2013. Since that time, NAREB has moved beyond the data to provide solutions. Find out more at one of our many chapters across the country, or simply contact us at our corporate office.
“Democracy in Housing”
NAREB® Mission Statement
The purpose of the National Association of Real Estate Brokers® is to enhance the professional and business conditions of NAREB® Realtist® members by strengthening the consumer capacity of Black, minority, and emerging target market segments that Realtists® serve. And by promoting the real estate industry in general, utilizing economic, political, legal, and social leverage to remediate disparate and discriminatory housing and property ownership policies and practices prevailing in the United States.
NAREB® Vision Statement
The Realtist® Association will foster the expansion of inter-generational wealth creation by Black households through promotion and retention of elevating levels of real property ownership investments sustained by NAREB’s enduring commitment to preservation and fulfillment of the Realtist credo, ”Democracy in Housing.”