Category: Atlanta

African Americans Return to the Home Buying Market

African Americans are returning to the homebuying marketplace in numbers greater than projected a year ago by the National Association of Real Estate Brokers (NAREB).

The 2017 State of Housing in Black America (SHIBA) report, found that Black home ownership rose from its near 50-year low of 41.3 percent in the third quarter of 2016 to above 42 percent in the first two quarters of 2017, according to Home Mortgage Disclosure Act (HMDA) data.

Higher wages more important than health benefits, employees say

Sixty-three percent of working Americans say that earning a higher wage is more important to them than having better health benefits.

The annual American Payroll Association survey asked, “What’s more important to you, better health benefits or higher wages?” Sixty-three percent of respondents indicated higher wages are more important than health benefits.

Office Depot names Clark Atlanta University alumna Jerri DeVard (AU ’83) chief marketing officer

Office Depot, Inc. announced that Clark Atlanta University alumna Jerri DeVard, a senior executive with more than 30 years of extensive marketing and leadership experience at large global brands, has joined the organization as Executive Vice President and Chief Marketing Officer. She will report directly to Office Depot’s Chief Executive Officer Gerry Smith.

How To Survive Encounters With Police

ER doctor Geoffrey Mount Varner MD, MPH, has seen the aftermath of what goes wrong when the police have altercations with civilians.  In fact, after seeing the injuries pile up over the past two decades, he couldn’t remain silent any longer.
“My 11-year-old son is old enough to be killed by the police. As a father of an African American boy, I’m especially concerned with what could happen when black youth are stopped or pulled over by the police,” said Varner, who authored a book to address what one should do when pulled over or stopped by the police. He hopes parents read the book and encourage their children to follow these invaluable steps that will immediately start to save lives once used.

“Home Alive:  11 Must Steps to Surviving Encounters with the Police” empowers parents with survival skills to teach their children to make it home alive.  It provides the necessary advice of what one should say or do in a vulnerable situation, especially for youthful black and Hispanic civilians.

New Financial Center Aims to Close Racial Wealth Gap — Starting with HBCUs

During the 2008 housing crisis, an estimated 7 million Americans lost their homes due to foreclosure. African-Americans were hit the hardest with a loss of nearly $200 billion, according to the Center for Responsible Lending.

City of Atlanta Announces Emergency Shelters Open Today

The City of Atlanta announced today that it is working with local partners to open shelters in an effort to help ensure that residents and displaced individuals have a safe place to stay as Hurricane Irma approaches the State of Georgia. Atlanta remains under a tropical storm warning. The main threats to the metropolitan Atlanta area are heavy rain, strong winds, possible flooding, and power outages.

State-by-State Comparison: This is How Long $1 Million Will Stretch In Retirement

Mississippi is the state where your dollar will last the longest amount of time in retirement, while Hawaii is the state where your dollar will last the shortest, a new study found. How much money do you need to retire? How long will your retirement savings last? A study by GoBankingRates.com is offering the answer depending on where you live.

MARTA General Manager And Chief Executive Announces Departure From Nation’s Ninth Largest Transit System

General Manager and CEO Keith Parker will step down after nearly five years in service of the Metropolitan Atlanta Rapid Transit Authority. Parker will join Goodwill of North Georgia, which provides job training, employment placement services, and other community-based programs, as president and CEO this fall.

Mayor Kasim Reed: Atlanta is a city of dreamers

Supporters of the Deferred Action for Childhood Arrivals (DACA) program marched through the streets of downtown Atlanta Monday. Hundreds of demonstrators walked from the U.S. Immigration and Customs Enforcement’s office building on Ted Turner Drive to the Atlanta City Detention Center, where some immigrants are detained, after President Trump announced his decision to rescind the program.

Atlanta Civic Center Redevelopment to Include Both Affordable House and a Commercial Center

Plans to move forward with the redevelopment of the Atlanta Civic Center as a mixed-use development have finally been finalized — a conclusion Mayor Kasim Reed called “one of the most important projects in the history of the city.” 

Number of Blacks and Hispanics at Top Colleges Lower Than 35 Years Ago

Despite decades of affirmative action, black and Hispanic students are more underrepresented at the nation’s top colleges and universities than they were 35 years ago, according to data available from the National Center for Education Statistics.

The share of black freshmen at elite schools is virtually unchanged since 1980. Black students are just 6 percent of freshmen but 15 percent of college-age Americans.