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Housing Stabilization and Homeownership
At Restoration, our financial counselors can help you achieve your homeownership dreams.
Homeownership is a crucial way for Americans to build and pass on intergenerational wealth. However, the widening racial wealth gap in the U.S. is largely driven by declines in African American homeownership. Nationally, 73.7 percent of white households own their homes while 44 percent of African Americans own their homes. In NYC, 67 percent of white households own their homes while 32 percent of African American households are homeowners.
Restoration provides tailored services to both first-time and existing homeowners so they can grow their financial assets for themselves and their families.
With the support of our Financial Counselors and our Home Ownership counselor we can help you:
A home is a valuable asset and requires maintenance and support to ensure it maintains its value. Restoration helps homeowners in the following ways:
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