Building generational wealth and creating equitable access to homeownership is a crucial part of our housing stability strategy – both in our hometown of Detroit and across the country.
A little over a year ago, we introduced the Rocket Wealth Accelerator program, an innovative initiative to help residents in four key cities build a sustainable path towards homeownership. The program was created with our partners at Local Initiatives Support Coalition (LISC), serving eligible residents in Detroit, Atlanta, Cleveland and Milwaukee with credit counseling, educational resources and other incentives to build their credit, grow generational wealth and ultimately become homeowners.
Recently, we had the opportunity to tie threads with our shared vision for homeownership and wealth-building with our partners at Rocket Mortgage at a Lunch And Learn event “Dream Doors” hosted by Rolling Out at The Madison in downtown Detroit. Rob Lockett, National Team Leader of our Housing Stability team, has been driving this program since launch, and has been instrumental in scaling our housing stability strategy. Lockett spoke on a panel at the event focused on historic inequity and wealth acceleration alongside Camille Walker Banks, Executive Director at LISC. The two talked about housing inequities and how both of our organizations are working together to create programs – like the Rocket Wealth Accelerator – to break these systemic barriers.
Our partners at Rocket Mortgage also participated in a panel about affordable housing programs offered by the company. Both panels were followed by meaningful Q&A sessions led by the audience – which included stakeholders, residents, mortgage professionals, team members and leaders.
Check out the video to learn more about this empowering event.