Are $40,000 Loans The Key To Closing Denver’s Racial Home Ownership Gap?

March 9, 2022

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Dearfield Fund In The News

City Cast Denver Podcast

Until recently, Justin Murchison wasn’t really thinking about buying a home. He was more focused on paying down his credit card debt and taking care of his plants. Then he stumbled upon on opportunity that most young people in Denver only dream about: a path to buying their first home.

City Cast Denver host Bree Davies chats with Justin about his journey to homeownership. Plus, we’ll hear from Santhosh Ramdoss, vice president of impact investing at Gary Community Ventures. He helped create The Dearfield Fund that made Justin’s home purchase possible and he says it could be the key to shrinking Denver’s racial home ownership gap.

Wanna know where Gary Community Ventures got that name for their fund — Dearfield? We talked about the historic Black homesteading community with Westword editor Patty Calhoun a few weeks ago, and you can learn even more courtesy of the Colorado Encyclopedia.


Listen to the podcast

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Video: Dearfield Fund Annual Impact Report

The story of the Dearfield Fund for Black Wealth weaves together the vision of Black and African American pioneers, the dreams of first-time homeowners today and the wealth generated for future generations. We are proud to share this story – our Annual Impact Report.