WELCOMING THOUSANDS
OF BLACK & BROWN FAMILIES TO HOMEOWNERSHIP
HOMEOWNERSHIP MAY BE CLOSER THAN YOU THINK
Homeownership is about more than just a place to live. In the right situation, it can be about providing a strong financial future for your family and building a nest egg for the next generation.
Philly5000 is a comprehensive campaign designed to reach prospective Black and brown homeowners in the city of Philadelphia, ultimately creating 5,000 new homeowners.
Here you will find information about the homebuying process and up-to-date resources including information about housing counseling, mortgage products, wealth building and legal resources.
“Having a home is having a legacy, especially when you have children. It’s wealth building, which is not taught to us in schools.”
Mary Campbell, Housing Counselor
MAKING THE DREAM OF HOMEOWNERSHIP A REALITY FOR EVERYONE
You may think homeownership is out of your reach, but there are a number of special programs from city and state agencies as well as local banks that offer home purchase loans with competitive interest rates and lower fees. Some people may qualify for down payment and/or closing cost assistance through one of the many available programs.
Am I ready to become a homeowner?
Homeownership brings more freedom and the potential to provide a strong financial foundation for your family. But it also brings new responsibilities.
Are there special programs and deals?
Yes! Contact your neighborhood housing counselor to learn out about them.
What should
I do next?
We recommend talking to a neighborhood housing counselor.
“Home buying is beneficial for our families, and for our future.”
Yony Ochoa , Homeowner
ABOUT PHILLY 5000
Philly5000 is a comprehensive, wealth-building campaign to reach 5,000 new Black and brown homeowners in the city of Philadelphia.
Our role is to address the most common barriers for people to buy homes and help more families access the benefits of homeownership and the intergenerational wealth it can help families build.
Urban League of Philadelphia
We are an affiliate of the National Urban League, one of the nation’s oldest and largest community-based movements dedicated to empowering underserved urban communities.
HACE
Since 1982, HACE has been building just and equitable neighborhoods for residents and small businesses of Eastern North Philadelphia.
New Kensington CDC
We provide a wide range of services to residents and businesses across the Kensington, Port Richmond, and Fishtown neighborhoods of Philadelphia.
Congreso de Latinos Unidos
Congreso de Latinos Unidos, Inc. is a nonprofit organization founded in 1977 with a mission to enable individuals and families in predominantly Latino neighborhoods to achieve economic self-sufficiency and well-being.
Urban Affairs Coalition
We are a Home for Nonprofits, a Coalition of 80+ partner organizations, who work to improve the quality of life in the Greater Philadelphia region. We strengthen nonprofits through fiscal sponsorship, shared services, program development, and capacity building.
