SHIBA BACKGROUND AND HISTORY
The recent collapse of the housing market and subsequent recession has been particularly devastating to the Black community. Not only has our homeownership rate plummeted, but, accessing mortgage credit has become nearly impossible outside of government insured programs such as the FHA and VA. Unemployment also remains high, in the double digits for Blacks, and vacant and abandoned properties clutter our communities. The SHIBA Report is designed to shed light on many of the issues centered on foreclosure mitigation, neighborhood blight, and disaster recovery for Blacks. More importantly, NAREB has endorsed several policy initiatives in this report. They address rebuilding the mortgage finance system to make loans more available for Black families, ensuring an adequate supply of credit to finance affordable rental housing, and creating a funding vehicle—specifically a community infrastructure bank—to provide the financing to enable broad-based community revitalization and jobs for unemployed workers.
The SHIBA Report is very comprehensive. It provides a detail view into the real numbers and facts that impact and impede Black families from realizing the dream of homeownership. NAREB is committed to changing the statistics through our members and industry relationships. Our goal is to continue to show Black families the issues which affect them, and bring solutions to overcome these barriers. Take time to review the Report which was published in 2013. Since that time, NAREB has moved beyond the data to provide solutions. Find out more at one of our many chapters across the country, or simply contact us at our corporate office.
Click here to download the 2013 SHIBA Report
Click here to download the 2014 SHIBA Report
Click here to download the 2015 SHIBA Report
Click here to download the 2016 SHIBA Report
Click here to download the 2017 SHIBA Report