Western Washington Realtist is the local chapter of National Association of Real Estate Brokers (NAREB) which was formed in 1947, to help African Americans in the housing industry. NAREB stands for Equal housing opportunity, regardless of race, creed or color. In order to fulfil our mission at the National and local level, NAREB is involved at the federal level legislative policy that might affect African American and other minorities.

Here are five Recommendations; Legislative policy advisory 2018-2019:

1. Rethink Credit Scoring and Restrictive Underwriting.

2. Eliminating Loan Level Price Adjustment (LLPAs) and Risk-Based Price.

3. Expanding Down Payment Assistance Programs and Strategies.

4. Reframing the Homeownership Narrative.

5. Expand Federal Accountability of Non-Bank Financial Institutions.

Our recent 2 million New Black Homeowners in the next 5 years program is the platform NAREB to reach our target audience. There are three major strategies that NAREB will utilize to accomplish this mission.

1. Faith based organization: We believe that partnering with pastors will help us to reach our communities better than any other ways. Over 16 millions African Americans go to different churches on Sunday.

2. Civic Engagement: This is another way to reach people in our community.

Our goal is to provide education through different organizations such as:

• Millennials: NAREB believes that there are 1.7 million mortgage ready

• Black Millennials who make over $100,000 annually, but have delayed or not considered homeownership as part of their wealth building strategy.

• NAREB just came up with “House then the car”, this campaign will target Millennials in the black community.