Only 31% of Black Oregonians are homeowners, and nearly as many -- 27% -- live below the poverty line. This week, the Urban League announced it would partner with five local credit unions to promote Black home ownership rates and overall equity in financial access for the local Black community.
The Urban League and Advantis Credit Union, Consolidated Community Credit Union, Point West Credit Union, Rivermark Community Credit Union, and Unitus Community Credit Union formed the Financial Empowerment Collaborative (FEC) this month. The program will offer financial training, one-on-one coaching, and case management for Urban League clients with a variety of economic goals.
