About the Urban Appraisers Initiative
The National Urban League is prioritizing an initiative designed to reimagine the appraisal process through a lens of equity and justice. While achieving equity in homeownership and building generational wealth is deeply challenging, we are building a pipeline of diverse appraisers through three Entrepreneurship Centers that will empower Black business owners, homeowners, and communities.
The Urban Appraisers Initiative, a 5-year, $5 million initiative in partnership with Wells Fargo, supports diversification of the appraisal field. The goal is to increase the number of Black appraisers, which has positive implications for the housing sector and increases entrepreneurship opportunities as trainees are incentivized to open their own appraisal businesses.
The Urban League of Greater Atlanta, the Urban League of Central Carolinas, and the Houston Area Urban League will provide coaching and education focused on capacity building, then augmented by training specific to the appraisal field to accelerate placement of Black trainees in appraisal jobs. The affiliates will support candidates as they complete the appraisal certification through apprenticeships with certified appraisers, and business management skills training to help participants start, grow and scale appraisal businesses.
See the announcement press release.
Our Partner
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Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets, proudly serves one in three U.S. households and more than 10% of small businesses in the U.S., and is a leading middle market banking provider in the U.S. We provide a diversified set of banking, investment, and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management.
Wells Fargo ranked No. 41 on Fortune’s 2022 rankings of America’s largest corporations. In the communities we serve, the company focuses its social impact on building a sustainable, inclusive future for all by supporting housing affordability, small business growth, financial health, and a low-carbon economy.
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