#NNPA BlackPress
Bank of America Offers Zero Down-Payment Mortgages to Black, Latino Borrowers
NNPA NEWSWIRE — According to a news release, the Community Affordable Loan Solution aims to help eligible individuals and families obtain an affordable loan to purchase a home. “The Community Affordable Loan Solution is a Special Purpose Credit Program which uses credit guidelines based on factors such as timely rent, utility bill, phone and auto insurance payments,” officials stated in the release.
The post Bank of America Offers Zero Down-Payment Mortgages to Black, Latino Borrowers first appeared on BlackPressUSA.

By Stacy M. Brown, NNPA Newswire Senior National Correspondent
@StacyBrownMedia
Bank of America announced a new zero down payment, zero closing cost mortgage solution for first-time homebuyers, which will be available in designated markets, including certain African American and Hispanic neighborhoods in Charlotte, Dallas, Detroit, Los Angeles, and Miami.
According to a news release, the Community Affordable Loan Solution aims to help eligible individuals and families obtain an affordable loan to purchase a home.
“The Community Affordable Loan Solution is a Special Purpose Credit Program which uses credit guidelines based on factors such as timely rent, utility bill, phone and auto insurance payments,” officials stated in the release.
“It requires no mortgage insurance or minimum credit score. Individual eligibility is based on income and home location.”
Prospective buyers must complete a homebuyer certification course provided by select Bank of America and HUD-approved housing counseling partners prior to application.
Officials said the new program is in addition to and complements Bank of America’s existing $15 billion Community Homeownership Commitment to offer affordable mortgages, industry leading grants and educational opportunities to help 60,000 individuals and families purchase affordable homes by 2025.
Through this commitment, Bank of America has already helped more than 36,000 people and families become homeowners, having provided more than $9.5 billion in low down payment loans and over $350 million in non-repayable down payment and/or closing cost grants.
To date, two-thirds of the loans and grants made through the Community Homeownership Commitment has helped multicultural clients to achieve homeownership.
Bank of America also has a 26-year relationship with the Neighborhood Assistance Corporation of America (NACA), through which the Bank has committed to providing an additional $15 billion in mortgages to low-to-moderate income homebuyers through May 2027.
According to the National Association of Realtors, today there is a nearly 30-percentage-point gap in homeownership between White and Black Americans; for Hispanic buyers, the gap is nearly 20 percent.
And the competitive housing market has made it even more difficult for potential homebuyers, especially people of color, to buy homes.
“Homeownership strengthens our communities and can help individuals and families to build wealth over time,” said AJ Barkley, head of neighborhood and community lending for Bank of America.
“Our Community Affordable Loan Solution will help make the dream of sustained homeownership attainable for more Black and Hispanic families, and it is part of our broader commitment to the communities that we serve.”
In addition to expanding access to credit and down payment assistance, Bank of America said it provides educational resources to help homebuyers navigate the homebuying process, including:
- First-Time Homebuyer Online Edu-Series, a five-part, easy-to-understand video roadmap for buying and financing a home, available in English and Spanish.
- BetterMoneyHabits.com free financial education content, including videos about managing finances and how to prepare for buying a new home.
- Bank of America Down Payment Center – site to help homebuyers find state and local down payment and closing cost assistance programs in their area. Bank of America participates in more than 1,300 state and local down payment and closing cost assistance programs.
- Bank of America Real Estate Center – site to help homebuyers find properties with flags to identify properties that may qualify for Bank of America grant programs and Community Affordable Loan Solution
.
For more information, contact Bank of America at 1-800-641-8362.
The post Bank of America Offers Zero Down-Payment Mortgages to Black, Latino Borrowers first appeared on BlackPressUSA.
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Tiguan’s AI Touchscreen & Gear Shift: VW Just Changed the Game! #2
Explore the Tiguan’s cutting-edge 12.9-inch infotainment touchscreen featuring wireless Apple CarPlay, Android Auto, voice control, and a new AI assistant. See how VW innovatively moved the gear shifter to the steering column, enhancing the center console and navigation system! #AutoNetwork #Tiguan #Infotainment #AppleCarPlay #AndroidAuto #AISystem #NavigationSystem #CarTech #TechReview #CarInnovation #Automotive

https://youtube.com/watch?v=0xUKM6U2Lpc&autoplay=0&cc_lang_pref=en&cc_load_policy=0&color=0&controls=1&fs=1&h1=en&loop=0&rel=0
Explore the Tiguan’s cutting-edge 12.9-inch infotainment touchscreen featuring wireless Apple CarPlay, Android Auto, voice control, and a new AI assistant. See how VW innovatively moved the gear shifter to the steering column, enhancing the center console and navigation system! #AutoNetwork #Tiguan #Infotainment #AppleCarPlay #AndroidAuto #AISystem #NavigationSystem #CarTech #TechReview #CarInnovation #Automotive
#NNPA BlackPress
IN MEMORIAM: Legendary Funk Pioneer Sly Stone Dies at 82
Sly Stone’s musical approach radically reshaped popular music. He transcended genre boundaries and empowered a new generation of artists. The band’s socially conscious message and infectious rhythms sparked a wave of influence, reaching artists as diverse as Miles Davis, George Clinton, Prince, Dr. Dre, and the Roots.

By Stacy M. Brown
BlackPressUSA.com Newswire
Sylvester “Sly” Stewart—known to the world as Sly Stone, frontman of the groundbreaking band Sly and the Family Stone—has died at the age of 82.
His family confirmed that he passed away peacefully at his Los Angeles home surrounded by loved ones, after battling chronic obstructive pulmonary disease (COPD) and other health complications.
Born March 15, 1943, in Denton, Texas, Stone moved with his family to Vallejo, California, as a child. He began recording gospel music at age 8 with his siblings in a group called the Stewart Four. By his teenage years, he had mastered multiple instruments and was already pioneering racial integration in music—an ethos that would define his career.
In 1966, Sly and his brother Freddie merged their bands to form Sly and the Family Stone, complete with a revolutionary interracial, mixed-gender lineup.
The band quickly became a commercial and cultural force with hits such as “Dance to the Music,” “Everyday People,” and “Thank You (Falettinme Be Mice Elf Agin)”—all penned by Stone himself.
Their album “Stand!” (1969) and live performances—most notably at Woodstock—cemented their reputation, blending soul, funk, rock, gospel, and psychedelia to reflect the optimism and turmoil of their era.
Sly Stone’s musical approach radically reshaped popular music. He transcended genre boundaries and empowered a new generation of artists. The band’s socially conscious message and infectious rhythms sparked a wave of influence, reaching artists as diverse as Miles Davis, George Clinton, Prince, Dr. Dre, and the Roots.
As the 1970s progressed, Stone confronted personal demons. His desire to use music as a response to war, racism, and societal change culminated in the intense album “There’s a Riot Goin’ On” (1971). But drug dependency began to undermine both his health and professional life, leading to erratic behavior and band decline through the early 1980s.
Withdrawn from the public eye for much of the 1990s and early 2000s, Stone staged occasional comebacks. He was inducted into the Rock & Roll Hall of Fame in 1993, received a Lifetime Achievement Award from the Grammys in 2017, and captured public attention following the 2023 release of his memoir “Thank You (Falettinme Be Mice Elf Agin)”—published under Questlove’s imprint. He also completed a biographical screenplay and was featured in Questlove’s documentary “Sly Lives!” earlier this year.
His influence endured across generations. Critics and historians repeatedly credit him with perfecting funk and creating a “progressive soul,” shaping a path for racial integration both onstage and in the broader culture.
“Rest in beats Sly Stone,” legendary Public Enemy frontman Chuck D posted on social media with an illustrative drawing of the artist. “We should thank Questlove of the Roots for keeping his fire blazing in this century.”
Emmy-winning entertainment publicist Danny Deraney also paid homage. “Rest easy Sly Stone,” Deraney posted. “You changed music (and me) forever. The time he won over Ed Sullivan’s audience in 1968. Simply magical. Freelance music publicist and Sirius XM host Eric Alper also offered a tribute.
“The funk pioneer who made the world dance, think, and get higher,” Alper wrote of Sly Stone. “His music changed everything—and it still does.”
Sly Stone is survived by three children.
#NNPA BlackPress
PRESS ROOM: Clyburn on 10th Anniversary of Mother Emanuel AME Church Shooting in Charleston
BLACKPRESSUSA NEWSWIRE — Congressman James E. Clyburn (SC-06) released the following video on X, paying tribute to the 10th anniversary of the shooting that took place at Mother Emanuel AME Church in Charleston, South Carolina on June 17, 2015.

By Congressman James E. Clyburn
CHARLESTON, SOUTH CAROLINA – Congressman James E. Clyburn (SC-06) released the following video on X, paying tribute to the 10th anniversary of the shooting that took place at Mother Emanuel AME Church in Charleston, South Carolina on June 17, 2015.
“Over 6 years ago, the House first passed my Enhanced Background Checks Act to close the Charleston Loophole that allowed a white supremacist to obtain the gun he used to murder nine worshipers at Emanuel AME Church on June 17, 2015.
“I’ll never stop fighting to pass this law.”
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