Archive for March, 2009

State of MiND: Affordable Housing Crisis

Millions of Americans struggle to pay the rent every month despite working full-time jobs. State of MiND: Affordable Housing Crisis explores the lack of affordable housing in America and in the city of Philadelphia. State of MiND is a series that uses statistics to reveal the magnitude of social problems in our country and our community.

Michael Dyson on Attorney General Eric Holder’s Race Comments

In 1980′s and 1990′s there was a big push to move much of America’s wealth into Europe and Asia by the elite of America. This was called GO GLOBAL. At the same time, there was also what’s called the BROWNING OF AMERICA, meaning whites would become a minority in America in the near future. The elite whites constructed methods of sapping wealth and expertise out of the United States and into other areas of the world where they believed they could retain and control it. Education was dumbed down in America with the costs skyrocketing at colleges and universities across the country.

Today, because of the African American base supporting Barack Obama with 97% of them voting for him, it assured more than 40% of white votes and more than 60% of Mexican American votes. This meant Obama would win by a landslide. The Republican Party’s goal is to crack the “base”, the African American 97%, therefore, Michael Steele as RNC leader.

With these new realities, a segment of whites have and will continue to go “nuclear” as pertains to Barack Obama. This means they will become nastier and exhibit some of the ugliest aspects of America’s history. Attorney General Eric Holder immediately served notice that racial hatreds aimed at Blacks specifically as well as others, will not be tolerated. It was cowardly whites who beat, killed, and lynched blacks while operating in mobs and often with the power of the political and legal authority on their side. Holder is heralding in Race & Social Justice which is more than Barack Obama becoming president. Cowards exercise their hatreds and or prejudices on jobs, contracting as well as in the streets.

This is a time when all Americans must focus on what has been perpetrated upon them through Wall Street, certain politicians and even religious leaders. This is centered in black & white and greed. African slave labor generated immense seed wealth in America which was leveraged into virtually all wealth that came afterwards. Because of the “Browning of America”, many whites constructed methods of moving wealth out of America, a country that was certain to become ruled by “Joseph’s Kindred”, the children of those who had been enslaved to build the experiment known as the United States of America.

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STOP The RECESSION!!! LEARN from the MASTERBUILDER how to Rebuild America,s Innercities AGAINST the ODDS www.thewahm.org

+ National Call To All Black Men

JAMES T. WEBB, AUTHOR AND MASTER BUILDER, GIVES NATIONAL CALL TO ALL BLACK MEN FOR AFFORDABLE HOUSING REBIRTH

(BlackNews.com) – James T. Webb, Master Builder and author of “Save Your Neighborhood”, highlights both the challenges and solutions for redeveloping distressed and vacant single family homes across America. Webb is giving a national call to all black men to return home and rebuild their neighborhood using THE WEBB AFFORDABLE HOUSING MODEL. Through its pages Webb shows real life methods needed in order to create completely rehabbed affordable single family homes with an average sales price of $65,000.

Webb gives specific instructions on how to eliminate blight, joblessness, homelessness, crime, recidivism, gentrification, and other ills that plague African American and low income communities across America, while at the same time he teaches his readers how to “Prosper” through utilizing the WEBB Affordable Housing Model in their old neighborhoods. Webb says, “It’s up to you to come back and make a difference.”

With over 25 years of construction experience under his belt, Webb has redeveloped over 500 affordable single family homes, church construction and multi-million dollar estate home construction projects. Despite the challenges of being a Black Master Builder, Webb has continued to weather the challenges and now writes to millions of other would-be builders to call them back to redevelop low income communities across America. Receive the benefits of his many years of “Real Life Experiences” that only he can tell you about, and allow your WAHM to change America and to change your life.
For more information, visit www.saveyourneighborhood.com. James Webb is available for phone, radio and television interviews by appointment; e-mail thewebbwahm@gmail.com.

Press Contact:James T. Webb
Phone:888-652-2210

E-mail: thewebbwahm@gmail.com

Website:www.saveyourneighborhood.com

= UPREIT in the HOOD? Yes we CAN!!!

James T. Webb, Master Builder, Brings UPREIT to Inner Cities Throughout America in Settlement Negotiations with the SEC

African American Builder and Author Encouraging Rebirth of Black Neighborhoods


James T. Webb, Master Builder

Miami Beach, FL (BlackNews.com) – African-American Affordable Housing and Jobs Activist, James T. Webb is nearing settlement with the SEC. Webb, one of only a handful of Black Builders in America, has been building professionally for 24 years (since 1985). Webb also served as state youth chairman of the NC NAACP in 1980, as well as an ACT-SO Gold medalist (Miami, FL 1980). In 1984, Webb served as President of the Student Body at North Carolina Central University.

Some of Webb’s construction projects over the past 24 years include ten thousand square feet Estate Homes(1). Many church construction projects, such as the New White Rock Chancel Renovation, Durham N.C. as well as over 500 renovated single family affordable homes priced in the $65,000 range(2). Webb, who has purchased and renovated over 500 affordable homes throughout America, did so after they had fallen into disrepair and were in a condemned state(3). Most of these homes have been within African-American neighborhoods. Webb, who started rehabbing in 1985, has always utilized local First Tier Labor on his projects. Many of them were ex-felons of all races, trying to enter the labor force(4).

In 2002, Webb left the Estate Home and Church Construction markets to fulfill his dream of “Rebuilding America,” especially within low net worth African-American neighborhoods, which historically, have not seen much redevelopment activity. Webb, according to court documents, not only created hundreds of affordable homes and jobs during this period but also made over 20 million dollars, most of which he reinvested back into his business. He was frustrated after receiving a one million dollar loan commitment from an FDIC bank within 3 hours to build an Estate home for investment in a high net worth white community. Yet he was denied by the same bank for a $40,000 loan, pursuant for two months, to purchase and renovate an affordable home within a black neighborhood(5).

Webb took his business model to individual lenders (other than financial institutions) who financed homes for his redevelopment projects. After successfully doing so since 2002, Webb transitioned and began doing business with some former Wall Street Executives. It was time to go to the next level. After foiled attempts by the same corporate masterminds at securing Webb’s historic construction data and Investor base without his permisson, he and his redevelopment companies soon became the victims of corporate raiding, espionage, illegal attachments, and black hat computer intrusions. His subcontractor lists (over 100) was unlawfully taken as well as lender/investor lists and other valuable business relationships. These efforts continued for years as they followed Webb into new markets with paid media and internet smear campaigns, and unfounded complaints launched against him and his companies, with many regulatory and other agencies, aimed at crippling Webb’s redevelopment efforts. They filed petitions against everything except his driver’s license. Former employees of Webb were paid thousands of dollars to dismantle his rental portfolios resulting in the torching of some of Webb’s homes in North Carolina, Tennessee and Missouri. James T. Webb, Master builder, speaks out on these masterminded efforts in his new book entitled Save Your Neighborhood and Yourself, in which he teaches others to rebuild America’s African-American Neighborhoods(6).

At the edge of the SEC settlement on behalf of Webb, his companies and investors, the overwhelming level of interest in the real estate investment trust (REIT) suggests that REITS are likely the new vehicle through which investors are going to own real estate. An UPREIT in the “HOOD”…? Webb says YES WE CAN!!! The main impetus for growth in the REIT market and the inner city will be the tax-favored treatment of two recently developed entities: the umbrella partnership real estate investment trust (UPREIT), and the latest variation known as the “down-REIT.” Looking for opportunities for his vintage investors, Webb and his companies have presented to the SEC a complete package and information about the Company’s future plans to create a REIT and an UPREIT. This is confirmation for his former investors of the company’s continuity and stability as well as a device to share the benefits of both structures with vintage investors, who have provided and continue to provide, support to the company even during the most difficult periods.

In addition to the advantages of both structures, the company’s new business policies are in harmony with our President, Barack Obama’s 2010 budget, particularly the Department of Housing and Urban Development appropriation, which focuses on affordable housing development in economically distressed communities, including funding of $4.5 billion “to ensure that communities continue to invest in and expand economic opportunities for low income families”(7). These programs will stimulate the real estate market, especially low income communities, by revitalizing distressed housing in neighborhoods of concentrated poverty (the footprint of Webb’s Redevelopment work and Jobs creation efforts).

1 http://www.youtube.com/watch?v=GgVuOJarkm0
2
http://www.thewahm.org/b/?page_id=260
3
http://www.youtube.com/watch?v=1CkG7oleOrI&feature=related
4
http://www.thewahm.org/b/?page_id=211
5
http://www.thewahm.org/b/?p=328
6
http://www.authorhouse.com/Bookstore/ItemDetail.aspx?bookid=50722
7
http://www.whitehouse.gov/omb/assets/fy2010_new_era/A_New_Era_of_Responsibility2.pdf


Media contact info: thewebbwahm@gmail.com or at www.thewahm.org
Phone contact: 786-277-7119

THIS PRESS RELEASE IS DIRECTED ONLY TO THE FORMER INVESTORS OF THE COMPANIES AND IS NOT TO BE CONSIDERED AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY ANY SECURITIES TO OR FROM ANYONE. NEITHER THIS PRESS RELEASE NOR THE SECURITIES INVOLVED THERIN HAS BEEN APPROVED OR DISAPPROVED BY THE SECURITIES NOR EXCHANGE COMMISSION OR HAS THE SECURITIES AND EXCHANGE COMMISSION PASSED UPON THE ACCURACY OR ADEQUACY OF THE FUTURE COMPANY’S PLANS.

JTW Reply To “Dow Closes at New Bear-Market Low”

James T Webb’s reply to BlackWeek.com’s article, “Dow Closes at New Bear-Market Low“.

“WALL STREET MUST HELP THE PRESIDENT REBUILD AMERICA FROM THE BOTTOM UP We will never solve Americas economic crisis until there is an equalization of economic opportunity in all communities. You may be surprised to know that it is good business to do business within the African American community. Read Save Your Neighborhood and Yourself”

+ Southern Christian Leadership Conference

Civil Rights Group and Black Developer Partner to Employ Young Black Men

MEMPHIS, Tenn., March 31 /PRNewswire/ — The Southern Christian Leadership

Conference/Memphis (SCLC) and CitiRise Redevelopment, LLC have joined forces

to form “Saving Young Black Men, One Job At a Time,” an initiative that will

reduce joblessness among young black men in the city of Memphis.

“We’re proud to team with CitiRise on such an important project,” said

Rev. Dwight Montgomery, president of SCLC Memphis. “Empowerment of young men

is a major part of our organization’s six-point action agenda and CitiRise has

come forth with an excellent plan.”

Recent studies show that an increasing number of poorly educated black men

are becoming more disconnected from mainstream society. Together SCLC/Memphis

and CitiRise will recruit and train unemployed young black men in the

construction trade.  This partnership will target under educated, unskilled

and formerly incarcerated young men.

According to James Webb, CEO of CitiRise, “We don’t just renovate

distressed houses; we renovate the lives of people. This program will not only

teach young black men skills that will make them employable, it also will

build confidence and a desire to be more productive in society.”

As part of its mission, SCLC Memphis is committed to economic stability

and wealth-building.  This partnership supports their mission by reaching out

and providing employment in inner cities where the need is greatest.  In the

process, CitiRise makes employment a reality and homeownership a possibility.

Rev. James Robinson, founding member of the National Association of

Resident Management Corp. said, “By hiring the ‘hard to employ’ young men to

rebuild and revitalize neighborhoods, CitiRise is rebuilding communities and

lives. There’s nothing that boosts one’s self esteem more than being able to

provide for family and being credited with rebuilding one’s own community.”

Today’s announcement kicks off a week of activities. On Tuesday, April 4,

2006 at 1:30 pm, SCLC Memphis will host a luncheon commemorating the

assassination of Dr. King and honoring the Memphis Baptist Ministerial

Association.  On Thursday, April 6, CitiRise will host an open house and job

recruitment fair at the Dr. Martin Luther King, Jr. Educational and Cultural

Center.

SOURCE Southern Christian Leadership Conference

+ Baltimore police officials take creative approach to preventing crime

James T Webb’s reply to the Novemeber 2008 article from Dallas, Texas’s CRIME blog titled, “Baltimore police officials take creative approach to preventing crime”:

WHAT WOULD HAPPEN IF REAL MONEY SHOWED UP IN THE CITY

“Enough all ready. It is easy to say to young men without hope, to get out of the game. Well, guess what? Many of these young men do not want to be in the game, they just want JOBS and the same economic opportunity afforded to other Americans. Read my book (SAVE YOUR NEIGHBORHOOD AND YOURSELF) and save your city before it is too late.”

By: JAMES T WEBB MASTER BUILDER/AUTHOR