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South LA Residents Boost Black Homeownership With 'Buy Back The Block' Initiative

Gentrification has swept many Black neighborhoods across the nation, forcing many residents out of their own neighborhoods. While many communities struggle to regain control of their neighborhoods, South L.A. is working to be a model for how to promote Black homeownership and combat gentrification. Music manager Daniel Carter started Buy Back the Block L.A. — an initiative to help educate South L.A. residents on how to fight gentrification by buying properties in their neighborhoods — in the wake of Nipsey Hussle’s death as a call to action for his community. According to Carter, Hussle’s death “left a huge scar in the community,” Curbed Los Angeles reports . “I felt like at one point his spirit kind of burst into a million pieces and everybody got a little piece. I feel like our piece of it was this real estate thing.” Carter’s effort to continue Hussle’s mission for more Black ownership sparked a campaign to rally brokers, house flippers, and loan officers together to educate...

Njera Perkins

Jun 29, 2020