GB Magazine November 2022 | Page 27

Joe Mishriki , Lidia Hurad and Antonio Barbosa
Supervisor Joel Anderson and Mitch Mitchel
The San Diego City-County Reinvestment Task Force ( RTF ) will lead the implementation of the San Diego Homeownership Equity Collaborative ’ s strategies throughout the San Diego region . SDHC provides staff support for RTF and administers first-time homebuyer programs for the City of San Diego , County of San Diego , and the cities of Chula Vista and El Cajon .
The grant to SDHC comes from Wells Fargo ’ s Wealth Opportunity Restored Through Homeownership ( WORTH ) initiative , a $ 60 million national effort to address systemic barriers to homeownership for people of color . San Diego is one of eight markets across the U . S . to receive a WORTH grant . SDHC and RTF are among the organizations in the San Diego Homeownership Equity Collaborative , which will work to help create an estimated 5,000 new homeowners of color in San Diego County by the end of 2025 .
Mayor Todd Gloria and Council President pro Tem Monica Montgomery Steppe
Mike Santomassimo
Angel Lau and Amy Anderson
Darren Huston and Grace Major
Services and resources for homebuyers of color are expected to be developed , such as credit counseling , down payment assistance , and homeownership navigators . These will expand on the resources that are currently available to help more first-time and first-generation homebuyers . A list of current resources that are available to potential homebuyers , which will be updated , is available on SDHC ’ s website at www . sdhc . org / homebuyerequity .
www . wellsfargo . com
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