Real estate developer Chris Senegal and broker Jay Bradley are teaming up to buy several blocks to renovate and revitalize in Houston. Together with Cocoa Collective Xchange, they are helping bring back Black-owned businesses into the Fifth Ward community through a Buying the Block campaign.
The project was started by buying abandoned properties and turning them into new construction homes. It has, so far, attracted a number of young Black professionals to be homeowners as well. New homes for families who have lived in the Fifth Ward for decades will also be built in some of the redeveloped blocks.
More than that, the main purpose of the Buying the Block campaign is to attract more investors into the community in order to fund long-term rentals for businesses such as restaurants, coffee shops, and office space. The campaign has raised more than $720,000 from over 1,100 investors.
“I have enough to complete the project,” Senegal told Chron. “Additional investor funds will be used to acquire adjacent properties to expand the scope of the project.”
For Senegal, the project has been beneficial to alleviate the damage caused by flipping houses. Bradley, who owns the Equinox Realty Group, shares the same sentiments, believing better opportunities come with having strong ties within the community.
“You create opportunities to have something better in the community,” Bradley said. “At this point, it’s really about helping people who are trying to do good things with the community.”
For more information about Buying the Block campaign, visit BuytheBlock.com
Robert Smith could be 1st Black NFL Owner
Robert Smith is a businessman and philanthropist who has had a very successful career in the financial industry. He has been interested in owning an NFL team for some time, but had not found the right opportunity.
The Denver Broncos are one of the most storied franchises in the NFL. They have won 6 Super Bowls and are currently valued at $2.6 billion, making them one of the most valuable franchise in football.
It should come as no surprise that a billionaire from Colorado has emerged as one of the possible bidders for the Broncos. An NFL success story, his efforts will make him the first black team owner in NFL history.
Smith would need to spend $1.2 billion, as the NFL requires primary owners to put up 30% in cash.
According to a Denver Gazette report, six groups are looking to buy the Broncos. One has former quarterback Peyton Manning and former president & general manager of the Broncos John Elway. Others include a group led by Ms. Brittany Bowlen – daughter of late owner Pat Bowlen.
The sale of the Broncos could go for more than $4 billion, making it the richest team sale in the history of American sports. If the team sells for $4 billion, Smith would need to spend $1.2 billion, as the NFL requires primary owners to put up 30% in cash.
Denver native Smith has pledged to pay off student debt acquired by 400-plus of the University’s graduates. He is currently the chairman and CEO of Vista Equity Partners which he founded in 2000.
Smith has an estimated net worth of $6.7 billion and is ranked as the richest Black person in America, according to Forbes. The Broncos have a current value of $3.75 billion, with room to grow to more than $4 billion if sold now.
Boyd Collaborates With KJ Marley
Boyd Collaborates With KJ Marley To Address White Farmer Claims of Reverse Discrimination and Lawsuits Blocking $5Billion
White Farmers are suing for Reverse Discrimination to prevent $5Billion in Emergency Relief for Black, Native American and other Farmers of Color. Civil rights leader John Boyd and KJ Skippa Mak Marley collaborated with Kara Brewer Boyd, Association of American Indian Farmers, to release a song “The Land” to highlight historical and ongoing broken promises, broken treaties, racial discrimination and land loss suffered by Native Americans and Black Farmers in the US.
John Boyd, Jr., Founder and President, National Black Farmers Association, 4th generation Black Farmer in Mecklenburg County, Virginia sued the US Dept of Agriculture (USDA) and received a Fact of Finding for Racial Discrimination which led to the 1st USDA Discrimination settlement by an individual. Boyd went on to assist 10,000s of other Black and minority farmers to file discrimination complaints, lawsuits and class actions against USDA. Farming is our oldest occupation. In freedom we treasured having land to work for ourselves, our families and racial progress. “Forty acres and a mule,” was an embedded aspiration.
KJ “Skippa Mak” Marley, son of Kymani Marley, is an international hip-hop artist infusing reggae and dancehall, while invoking the unmistakable musical spirit of his legendary grandfather Bob Marley to speak Truth to Power.
“I think it’s shameful on behalf of white farmers who didn’t reach out to me to say they have any sort of issue with this—they went straight to federal court,” Boyd said.
The American Rescue Plan Act (ARPA) of 2021 program represents remedial relief for Black farmers who have had to fight USDA discrimination through the courts to get loans in the first place. “This is not ‘reparations’ as it’s been explained by white farmers, it’s not a ‘windfall,’ it’s not a new loan program,” he said.
“In 30-plus years of advocacy, I have never seen this level of racial tension in America. As I strive to encourage a new generation, time is against us. It’s been white farmers the whole time who have gotten debt relief from USDA, and all of these years it was Black and other Farmers of Color who were not getting it. That’s why I went through the courts and Congress to get remedial action. It finally passed under the covid spending bill,” Boyd said.
“I never heard them say it was harmful when they got debt relief,” said Boyd. “It’s a continuation of what Black farmers have been facing in this country, what you’re seeing going on in these courts.”
We want our land, we want our money, and we want reparations! Pay US Now!!!
“The Land” featuring John Boyd Jr. and KJ Skippa Mak Marley speaks volumes to the challenges we still face.
I call upon my fellow farmers, neighbors and friends to join us in facing them together.
Black Woman-Owned Courier Company Expands Services to San Antonio
Express Errands & Courier is one of the fastest-growing female lead companies in 2021, and their growth is not slowing down. The company currently has 11 locations and plans to expand in four metropolitan markets to include San Antonio, Nashville, Los Angeles, and Charlotte by the end of 2021.
Express Errands & Courier offers same-day delivery solutions to other 3PL’s, Auto, legal and medical industries, specializing in expedited deliveries, the “EXPRESSWAY.” Trusted by Ferrari of Atlanta, Kimberly Clark, Duke University, and MTV, to name a few – it’s clear that founder and owner Roslyn Ellerbee knows how to meet courier and delivery needs large and small. With a focus on reliable and affordable logistics solutions, Express Errands & Courier is quickly becoming one of the leading companies in the logistics industry.
Ellerbee is a professional with experience in digital marketing, business development, and entrepreneurship. Through Express Errands & Courier, she is building partnerships with businesses that propel them to the next level. Ellerbee says, “2020 has taught us that change is the seed of growth with the right strategic partnerships, your company can thrive in an uncertain economy.”
She is well known for her business sense and relatable way of communicating with her clients and partners. Express Errands & Courier consistently receives positive feedback from customers and employees throughout their service areas.
About Express Errands & Courier
Express Errands & Courier offers safe and reliable delivery and courier services in 11 convenient locations. Their friendly and well-trained staff is available to help with logistics needs and questions via their website at ExpressErrandsofJAX.com. Visit their contact page to find phone numbers for each service area, as well as an online quote form.
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