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To improve relations between renters and home providers, WhoseYourLandlord (WYL) has secured new funding. According to a press release sent to AfroTech, the apartment building review platform has raised an oversubscribed $2.1 million seed funding round. The round was led by Black Operator Ventures (Black Ops) with participation from New York Ventures, Ben Franklin Tech Partners, and Google’s Black Founders Fund. In addition, some notable angel investors also participated in the round including Diishan Imira (Founder of Mayvenn), Abbey Wemimo & Samir Goel (Founders of Esusu), and Michael Tobin (Founder of Fresh Catch). “Social impact in real estate hasn’t been something you’ve seen prioritized for companies in the most recent years, but WhoseYourLandlord has found a scalable way to systematically measure, analyze, and operationalize it for landlords and property managers alike,” said James Norman of Black Ops, according to a press release. “Our team has followed Ofo’s company journey...
Black communities across the United States who have been fighting to stay afloat are now faced with another massive threat — mass evictions. Last month, 32 percent of U.S. households were unable to cover their rent or mortgage payments, according to CNBC . The latest round of stimulus packages presented by GOP leaders excludes rent relief that many families need during this time, especially in the Black community. WhoseYourLandlord — a Black-owned mobile platform that empowers and informs the rental community through landlord reviews and housing literacy content — is taking action on behalf of Black families across the country to provide grants and resources to help renters cover housing payments. Photo Credit: WhoseYourLandlord This week, the platform launched its new WYL Rent Relief Package , which both distributes rent relief funds and micro-focuses on assisting Black families, as they’re the most neglected group in the U.S. population. Among other detrimental factors, COVID-19...