A new report from the National Association of Realtors revealed Black homeownership rates have not kept pace with increases of other racial groups, as Black homeowners and renters are more cost-burdened than any other racial group.
Read More »People of Color Less Likely to Own Their Homes Than Whites
According to the Joint Center for Housing Studies at Harvard University, in the past two years, a growing number of for-profit and non-profit lenders have created special purpose credit programs (SPCPs) that aim to address some of the longstanding policies ...
Read More »On the State of Black Homeownership
The National Association of Real Estate Brokers has released its “State of Housing in Black America Report,” which aims to provide a comprehensive annual analysis of Black homeownership and the historic barriers they face when seeking to purchase a home.
Read More »JPMorgan Chase Commits $15M to Increase Supply of Affordable Housing
In efforts to further combat the nationwide housing affordability crisis, JPMorgan Chase has announced $3 million in grants for five organizations across the U.S. to expand climate resilient affordable housing for Black, Hispanic, and Latino households.
Read More »On the Horizon: Insights From the JCHS
The Joint Center for Housing Studies at Harvard University takes a look at a few key datapoints, which give a better picture of how the market is faring as we near the year’s halfway point.
Read More »Homeownership and the Racial Wealth Gap
The single-family home has been the main driver of wealth building among the middle class and that ideology has affected policy in one way or another in seeming every facet of the government. “Owning a home is undoubtedly an effective ...
Read More »Black Americans Comprise Just 10% of Owner-Occupied Homes Nationwide
It is no secret that the COVID-19 pandemic affected nearly every facet of the economy and the people that live in it. But the pandemic didn’t affect everyone equally—Americans of color, most notably Black Americans, have been disproportionately affected by ...
Read More »Minorites Found to Pay Higher Application, Security Deposit Fees
Finding a place to rent is harder than anytime since 1984 as the low number of available units means that each available unit is receiving multiple applicants. While the Fair Housing Act prevents discrimination based on race, sex, nationality, or ...
Read More »Debt and the Widening Black Homeownership Gap
Black homeownership is at its lowest level in decades, and according to new research, this is especially true for younger black potential homebuyers.
Read More »What’s Behind Racial Disparities in Homeownership?
Find out why the homeownership gap between black and white homeowners has widened to its largest level in over 50 years.
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