We had the opportunity to talk with Mr. Lamell McMorris, founder of Greenlining Realty USA. He is a national real estate developer with a strong focus on creating mixed-use developments that have a large-scale economic impact in an area.
Together with his team Mr. McMorris is transforming the neighbourhood of Woodland. His project Woodlawn point consists of 9 homes of which 7 new constructed single-family and multi-family and 2 renovated single-family and multi-family homes.
Woodlawn Pointe is part of the Opportunity Zone. A program created in December 22, 2017 that gives investors incentive to invest in low-income communities by offering tax incentives for qualified investors.
Woodlawn Pointe is part of the Opportunity Zone. A program created in December 22, 2017 that gives investors incentive to invest in low-income communities by offering tax incentives for qualified investors.
Redlining is the systematic denial and discriminatory practice of denying or limiting various services by federal government agencies, local governments, and/or the private sector. Services such as mortgage and loans to communities of colour are either rejected or have a selective increase in price. This makes it almost impossible for those who want to invest in and strengthen their local community and neighbourhoods.
Greenlining Realty was founded to create a counter-movement against redlining and is dedicated to reversing the historical, damaging effects of discrimination in lending. As a premier comprehensive urban property redevelopment firm, its mission is to create pathways to capital essential for neighbourhood investment, redevelopment, housing rehabilitation, and home improvement.
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