Ronald E. Armstrong. Photo courtesy of Greater Capital Area Association of Realtors

A local realtor association and a nonprofit recently cemented a three-year partnership to support low-income residents in the D.C. metro region seeking to own their own homes. 

Joseph Leitmann-Santa Cruz, CEO and executive director of the nonprofit, Capital Area Asset Builders (CAAB), said the primary vision for the partnership is to make homeownership accessible to members of low-income communities of color by sharing information and resources. CAAB has disseminated information on homeownership and access to capital for almost 25 years, helping more than 900 people buy their first homes, according to its website. Leitmann-Santa Cruz said the nonprofit is committed to intentionally minimizing the racial wealth gap in D.C. 

“We’ve long been concerned about housing affordability in the area,” he sai