Meet Kwamara Thompson: Founder of Black Women Matter
Empowering communities through homeownership, education, and entrepreneurship for over 20 years.
Recent Accomplishments
1
Speaking with Acting Secretary of HUD
Kwamara Thompson recently had the honor of speaking with Acting Secretary of HUD Adrianne Todman about the importance of generational wealth building through homeownership.
2
Covering President Biden's Remarks
Kwamara covered President Joe Biden's remarks at the 115th NAACP Convention in Las Vegas, where he emphasized initiatives to address gentrification, corporate landlords, and biased appraisals in Black communities.
3
Fundraising for Kamala Harris
Kwamara was one of the 44k Black women who helped raise over 3 million dollars for Kamala for President and other voter registration initiatives and organizations.
Kwamara's Path to Wealth
1
First Property Purchase
As a public school teacher over 15 years ago, Kwamara used a government-funded teacher lending program to buy her first property, which she still owns today.
2
Property Value Growth
That first property has more than doubled in value and currently provides steady rental income.
3
Leveraging Equity
Using the equity from her first home, Kwamara was able to purchase two properties in Miami with cash.
4
Diversification
By diversifying income streams, investments, and wealth-building strategies, Kwamara has now achieved a 7-figure net worth.
The Importance of Homeownership
Wealth Building
Homeownership is a crucial tool for building generational wealth and closing the racial wealth gap. Kwamara's story demonstrates how government programs can help individuals start their journey to financial freedom.
Community Impact
Owning property allows individuals to have a lasting impact on their communities. Kwamara believes that much of her community work would not have been possible without the foundation of homeownership.
Legacy Creation
By leveraging homeownership opportunities, individuals can create lasting legacies for themselves and future generations, as exemplified by Kwamara's journey from a $25,000/year teacher to a 7-figure net worth.
Biden-Harris Administration Initiatives
First-Time Homebuyer Support
The administration is making it possible for people to afford homes as first-time homebuyers through various federally funded programs.
Down Payment Assistance
Programs offer funds for down payments, help with closing costs, and even options with no down payment required.
Investment Property Support
Some programs allow individuals to purchase investment properties, furthering wealth-building opportunities.
Kamala Harris's Proposal
Kamala Harris has proposed giving first-time homebuyers $25,000 towards a down payment as part of her economic opportunity platform.
Kwamara's Professional Achievements
Public Speaking
Spoken 3x at eMerge Americas, at the Hard Rock Stadium, Excel Stage (London), at the UK Parliament House of Lords, and at numerous conferences across the country.
Media Recognition
Featured in multiple articles across the globe including CBS, NBC, Yahoo News, Business Insider, Boston Herald, MarketWatch, and more.
Podcast Appearances
Featured on multiple podcasts, sharing her expertise and experiences.
Board Memberships
Sits on numerous boards, including iHeart Media Advisory Board and the Black Information Network.
Educational Background and Leadership Roles
- BFA from NYU Tisch School of the Arts
- Masters in Education Leadership
- Executive Leadership Certificate from Cornell University
- Nationally highly certified and award-winning educator
- NYU Steinhardt School of Education Senior Leader
- Vice Chair of Miami Dade County Public Schools NAF, STEM and CTE board
- Member of Educator Leaders of Color, Education Pioneers, and New Leaders
- Afterschool Alliance Ambassador
Kwamara's Philosophy
1
Entrepreneurship and Education
Kwamara has always believed that entrepreneurship and education are often the best ways to attain financial freedom.
2
Community Empowerment
She has been promoting community, empowerment, and sisterhood for over 20 years.
3
Housing for All
Kwamara believes 100% in homeownership as a wealth builder, legacy building, and part of community impact work.
4
Be the Change
Kwamara emphasizes the importance of taking action and being the change, not just talking about it.
Recent Initiatives and Actions
Support for Kamala Harris
Why support Kamala Harris for homeownership?
The Biden-Harris administration has been making it possible for people to afford homes as first-time homebuyers. Kamala Harris has a policy of giving first-time homebuyers $25,000 towards a down payment as part of her economic opportunity platform. This aligns with the goal of improved economic outcomes for all.
How does this relate to the "Housing for All" movement?
The "Housing for All" movement aims to make homeownership accessible to everyone. By supporting initiatives that provide financial assistance and opportunities for first-time homebuyers, we can help close the racial wealth gap and create lasting legacies for future generations.
What impact can these policies have?
These policies can help individuals like Kwamara, who started as a teacher making $25,000 per year, to acquire their first property and build equity. This foundation can lead to further property acquisitions, investments, and community impact, as demonstrated by Kwamara's journey to a 7-figure net worth.
Join the Movement
If you believe in improved economic outcomes for all, join us in the "Housing for All" movement. Together, we can create opportunities for ourselves and future generations, closing the racial wealth gap and building stronger communities.