TATE OF HOUSING IN BLACK AMERICA FORUM TO OFFER SOLUTIONS TO
PRESERVING THE LEGACY OF HOMEOWNERSHIP IN MINORITY COMMUNITIES

Reverend Dr. Otis Moss, Jr. to Deliver Plenary
And Panels to include Real Estate and Disaster Recovery Experts
Atlanta, GA — The National Association of Real Estate Brokers, Inc. (NAREB), will host the State of
Housing in Black America Issues Forum (SHIBA) in Atlanta on Saturday, November 19th, 8:00 a.m. –
2:30 p.m. at the Martin Luther King Jr. International Chapel on the campus of Morehouse College in
Southwest Atlanta. The event is free and open to the public.
The Forum will connect current and aspiring homeowners, college students, and the general public with
real estate industry experts who will shed light on the state of housing in minority communities,
particularly the Black community. The featured opening speaker will be Reverend Dr. Otis Moss, Jr.,
Pastor Emeritus of the historic Olivet Institutional Baptist Church in Cleveland, Ohio, and Trustee,
Morehouse College. As one of the most influential religious and civic leaders in the country, Dr Moss
will offer an historical perspective on the devastating effects of the mortgage crisis in minority
communities across the country and why homeownership is important to all minority communities
The event will feature two interactive panel discussions and a ―Town Hall discussion‖ with industry
professionals, and local and national political and community leaders, who will provide an in-depth
analysis of research data, along with possible solutions, as it relates to foreclosure mitigation, disaster
recovery and neighborhood blight.
Research by Atlanta Regional Housing reveals that 80% of Georgia’s foreclosures filings are from Metro
Atlanta. According to RealtyTrac (2010), Metro Atlanta has the 16th highest foreclosure rate in the
country with the greatest concentration occurring in Gwinnett, Fulton, Dekalb, Cobb and Clayton
counties. One of the hardest hit areas in Metro Atlanta is the Atlanta Promise Neighborhood, which

consists of the 1.7 mile radius surrounding the Atlanta University Center Consortium (AUCC), and has a
startling foreclosure rate of 40%.
―There are a lot of things that have occurred in the Black community relating to the housing crisis that
many people simply are not aware of,‖ says NAREB President, Julius Cartwright. ―That’s why we are
anxious to share all of our research data, and have a productive dialogue with the public, so that people
will understand the ongoing impact of the mortgage fall-out in Atlanta and in other communities across
the nation. Our ultimate goal is to offer solutions that will empower people to make informed decisions
that will preserve and protect the legacy of our neighborhoods and community.‖
Atlanta is just one of five cities that will host the State of Housing in Black America Issues Forum
(SHIBA) over the next two years. Other participating cities include: New Orleans (the event took place
this past August); Washington D.C., Cleveland and Houston. A final report of findings will be presented
at the Houston SHIBA Forum.
______________________________________________________________________________
The National Association of Real Estate Brokers (NAREB) was formed in 1947 by African American
real estate professionals out of a need to secure the right to equal housing opportunities, regardless of
race, creed or color. For more than 60 years, NAREB has participated in meaningful legal challenges and
has supported legislative initiatives that ensure the availability of fair and affordable housing for all
Americans. It is the oldest Black trade association in the United States.
For more information, visit http://www.NAREBshiba.com
# # #

Media Contacts:

GAP Communications Group
Gina M. Hobbs                                                 Alexandria Johnson Boone

Cell: (216) 469-4848                                  Cell: (216) 513-6258
Phone: (216) 391-4300, ext. 303         Phone: (216) 391-4300, ext. 305

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