From Closing to Legacy: Holistic Support for Homeownership

credit:

If you're an African-American in Atlanta, you may not be able to afford to buy a house if you don't have enough equity, the Atlanta Journal-Constitution reports.

According to the Community Foundation for Greater Atlanta, more than half of the city's African-American homeowners are underwater on their homes, meaning they owe more on their homes than their homes are worth.

And if you're one of them, you may not be able to afford to fix up your house if you're living in one of these so-called "dire situations."

In these situations, a homeowner's will creates a situation called a "heirs' property," or "tangled title," meaning the property could end up in the hands of someone else if the homeowner doesn't sell it within a certain period of time.

The problem is exacerbated by the fact that many African-Americans don't own their own homes in the first place.

And if they don't sell their homes within a certain period of time, their heirs may not be able to get their hands on the property.

The Urban League of Greater Atlanta has launched a program to help families in this situation.

For more on the issue, click here.

Read the Entire Article

Explore the
Community Vital Signs
for the
Community Foundation for Greater Atlanta

Port Angeles Education Foundation Awards $70K in Grants

The Port Angeles Education Foundation has awarded SPICE grants totaling $70,830 to educators throughout the Port Angeles School District.The foundation also awarded grants to organizations which...more

Bimm University: Developing Business Acumen For Creative Industries

BIMM University is home to four specialist schools that cater to various creative disciplines.Students specialise in modern music, performing arts, filmmaking, and creative technology.The curriculum...more

Elementary School Vice Principal Brings Holiday Cheer As An Elf on the Shelf

Elementary School Vice Principal Brings Holiday Cheer as an Elf on the Shelf.Mark Twain Elementary School in Carson City has been delighted to find their vice principal, Marc Rodina, taking on a...more

Need A Research Hypothesis? Ask Ai.

MIT researchers developed a system that enables AI models to perform a more sophisticated, multistep process that goes beyond recalling information learned during training.The framework, which the...more

Orange Beach Schools Recognized For Safety Initiative

Orange Beach Elementary School and Orange Beach Middle/High School receive top-tier Safe Schools awards.Attorney General Steve Marshall will present the Safe School Award to Orange BeachMiddle School...more

Viewsonic Powers Team Spirit and Innovative Learning At 2024 Pasvex Robotics Signature Event

ViewSonic Corp, a leading global provider of visual solutions, supports the 2024-25 PASVEX Robotics Signature Event.The event is being held at the Pacific American School (PAS) in Hsinchu, Taiwan.PAS...more

Piisd Pushes Beautification Across Campuses

The campuses across the district are seeing decor through slogans, student models and murals.Students at the high school can enjoy slogans such as "Steadily we face the world sofearlessly" and...more

Fyi Calendar: Holiday Shopping, Stage Productions, Christmas Movies and More

"The Uprisers' Holiday Cabaret" will take place at The Medium in Springdale while repairs are made at the Victory Theater in Rogers.Join photographer Andrew Kilgore at the Fayetteville Public Library...more

Twelve Design and Architecture Student Projects Featured on Dezeen School Shows in 2024

Twelve design and architecture student projects featured on Dezeen School Shows in 2024.These projects are from both undergraduate and postgraduate courses, ranging from textile design to...more

Portland Airport Revamp Focuses on Inclusivity and Green Practices

The renovation incorporates locally sourced, eco-friendly materials, showcasing a commitment to sustainability.The iconic wood used in the roof is sustainably harvested from nearby forests in...more