The Black Wealth Builders Fund has now made 21 loans, for a total of $275,000 provided throughout Contra Costa and Alameda counties for first-time Black homebuyers. Here’s the breakdown:
Number of Applicants Supported | City | Funds Provided per City |
4 | Richmond | $55,000 |
4 | Concord | $45,000 |
3 | Pittsburg | $60,000 |
2 | Martinez | $20,000 |
2 | El Sobrante | $15,000 |
2 | Oakland | $20,000 |
2 | San Lorenzo | $20,000 |
2 | Antioch | $40,000 |
We are grateful to everyone who has supported our efforts. Since we’ve loaned out almost all our money, we’re planning another round of fundraising so we can keep supporting this critical cause. We’ve applied for a grant from the UCC and are busy talking with local churches and community groups who are interested in joining us.
Donations can be made at any time by sending a check to the Richmond Community Foundation, 3260 Blume Dr., Suite 110, Richmond, CA 94806. Please make sure to indicate Black Wealth Builders Fund in the memo line. Or you can donate online here.
More information on the fund and its importance can be found on Arlington Community Church’s website.
— Susan Russell ([email protected])