May 21, 2024
Loans

Oklahoma housing stability program gets first $23 million

OKLAHOMA CITY — The first $23.4 million from the Oklahoma Housing Stability Program was awarded to nine projects by the Oklahoma Housing Finance Agency Board during its last meeting. The program provides no-interest loans for construction of single-family homes for purchase and single- or multifamily homes for rent. The board awarded almost $15.5 million in

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Investors

Black investors risk more to get less, says FINRA report

On the eve of Black History Month the Financial Education Foundation, an extension of the watchdog Financial Industry Regulatory Authority (FINRA), released a report analyzing the demographics, habits, and assumptions of investors of color—Black, Hispanic/Latino, Asian American/Pacific Islander—as well as white investors. Looking at the numbers for the Black investors, the top notes go like

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