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  • Nehemiah: Making the American Dream possible for first-time homeowners

    Deidre Cohen

    September 11, 2022 |

    CBS News |

    Broadcast TV News |

    5-15 Minutes

    Response Location: United States, New York, New York

    The Nehemiah project began in the 1980s building privately-owned homes on land that nobody wanted in East Brooklyn and sold the homes at prices that were affordable to working class families. Church and community organizers mobilized local politicians to sell the land for almost nothing and provide subsidies for community members and raise money that could be used for loans. The program has built 6,500 homes and created an estimated $1.5 billion of wealth for first time Black and Latino homeowners.

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