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As a result of decades of legalized discrimination in the housing industry, huge racial disparities in homeownership still exist today. This is not acceptable in a country founded on equal opportunity. Nationally, 72 percent of white households own a home, compared to only 42 percent of black households and 46 percent of Hispanic households. Homes typically make up the largest portion of a family’s overall wealth, so these disparities in homeownership are the most significant factor in the racial wealth gap.
Topics: Asset building, Housing, Legislation & Policy, Racial inequalities
Shared by Housing Is
on Mar 11, 2019 0
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Affordable housing campaigns are not new, of course, but what is unprecedented and transformative about Opportunity Starts at Home is the scope and diversity of the partners that are joining forces to advocate for more robust and equitable federal housing policies. The campaign is advised by a Steering Committee including leading national organizations representing a wide range of interests that are working shoulder-to-shoulder to solve the affordable housing crisis.
Topics: Asset building, Child welfare, CLPHA, Community development, Early childhood, Education, Food insecurity, Funding, Health, Homelessness, Housing, Immigrants, Legislation & Policy, Low-income, Mobility, Out-of-school time, Partnerships, Racial inequalities, Safety, Seniors, Stability, Substance abuse, Youth
Shared by Mica O'Brien
on Jan 24, 2019