Biden is funneling Billions of dollars to the Black community through various programs you both siders are c00ns and idiots.

[Voice of Reason]

Biden's Budget Increases CDFI Funding by 23% | Credit Union Times







Opinion | Fannie Mae’s New Racial Bias

"One program would assist black borrowers with down payments. Most home-buyers are required to put down at least 20% of the cost of a new home to reduce the risks of default. Fannie’s plan would effectively require taxpayers to subsidize down payments for black borrowers. Revenue that Fannie earns on its mortgage portfolio is retained as capital to protect taxpayers during a downturn. Under Fannie’s plan, some of that revenue would go to reducing down payments.

Another new program would reduce “loan level price adjustments” for black home buyers. Lenders typically charge higher rates for borrowers with lower credit scores, and Fannie says reducing them can “reduce obstacles for prospective Black homeowners.”

Still another program would “support the reduction of borrower closing costs for Black homebuyers”—for instance, via appraisal reimbursements"




They are being aggressive enough that right wing cacs are bytching and complaining.

They are pumping billions of dollars into programs that help Black folks put money down for homes and start businesses.

Stop being a contrarian and look into policy

 

[UpNext]

So in 2050 the median black family won't be worth 0 and we can thank Biden and his 9 billion dollar policy for correcting this path

 

[BaggerofTea]

So in 2050 the median black family won't be worth 0 and we can thank Biden and his 9 billion dollar policy for correcting this path

Typical, can you provide a rebuttal why giving money to the black community is bad?

 

[ORDER_66]

Typical, can you provide a rebuttal why giving money to the black community is bad?

That didn't answer his question did it???

 

[UpNext]

Typical, can you provide a rebuttal why giving money to the black community is bad?

You didn't answer my question before proposing your own. Learn how to communicate like an adult before responding to my posts in the future. Thanks

 

[BaggerofTea]

That didn't answer his question did it???

He wasn't asking a question, he was throwing out a loaded remark that couldn't be rectified in a post about easing black loan borrowers issues

 

[Voice of Reason]

So in 2050 the median black family won't be worth 0 and we can thank Biden and his 9 billion dollar policy for correcting this path

If Black folks get skin in the game now via more Homeownership and access to business capital we can steer the ship to avoid the iceberg.


Some of you dudes are willfully ignorant. Have you ever in your life opened an economics books?

Do yourself a favor and read

 

[BaggerofTea]

You didn't answer my question before proposing your own. Learn how to communicate like an adult before responding to my posts in the future. Thanks

The irony of throwing out some loaded red herring bullshyt and then telling others to communicate like an adult like we are to be played for fools.


Gtfoh Clown

 

[BaggerofTea]

If Black folks get skin in the game now via more Homeownership and access to business capital we can steer the ship to avoid the iceberg.


Some of you dudes are willfully ignorant. Have you ever in your life opened an economics books?

Do yourself a favor and read

That asswipe knows what he is doing.

By asking loaded rhetorical questions he is trying to say the program has no value

 

[tuckgod]

Y’all get dumber by the day

 

[Voice of Reason]

Y’all get dumber by the day

Where's the lie in my post? Biden is directing Billions into the Black community.


HUD Announces $10.3 Billion in Grants for Housing and Community Development Activities Across U.S.

HUD ANNOUNCES $10.3 BILLION IN GRANTS FOR HOUSING AND COMMUNITY DEVELOPMENT ACTIVITIES ACROSS U.S.
Funding Will Enable Affordable Housing Development and Other Activities to Meet Needs of Families and Communities​

Trump cut a lot of these programs and put unqualified people in charge.

 

[UpAndComing]

"Minority"

 

[tuckgod]

Where's the lie in my post? Biden is directing Billions into the Black community.

Biden is making it easier to get a down payment on a home loan for some black people.

 

[The Gentleman]

Biden's Budget Increases CDFI Funding by 23% | Credit Union Times







Opinion | Fannie Mae’s New Racial Bias

"One program would assist black borrowers with down payments. Most home-buyers are required to put down at least 20% of the cost of a new home to reduce the risks of default. Fannie’s plan would effectively require taxpayers to subsidize down payments for black borrowers. Revenue that Fannie earns on its mortgage portfolio is retained as capital to protect taxpayers during a downturn. Under Fannie’s plan, some of that revenue would go to reducing down payments.

Another new program would reduce “loan level price adjustments” for black home buyers. Lenders typically charge higher rates for borrowers with lower credit scores, and Fannie says reducing them can “reduce obstacles for prospective Black homeowners.”

Still another program would “support the reduction of borrower closing costs for Black homebuyers”—for instance, via appraisal reimbursements"




They are being aggressive enough that right wing cacs are bytching and complaining.

They are pumping billions of dollars into programs that help Black folks put money down for homes and start businesses.

Stop being a contrarian and look into policy

If this is the first time buyers program then this is a good opportunity to get their first time home. Y’all better take advantage of this.

 

[Voice of Reason]

Biden is making it easier to get a down payment on a home loan for some black people.

Still more than Trump and the Republicans are willing to do.