A Downpayment on the Divide: Steps to Ease Racial Inequality in Homeownership
The United States has a significant and growing racial wealth divide, and one of the largest drivers of the divide is homeownership. Decades of discriminatory practices in the housing market and racist policies at all levels of government created racial disparities in homeownership rates and outcomes. A recently released report from Prosperity Now explores these barriers to equal housing opportunity and proposes a number of policy recommendations to reduce racial inequality in homeownership.
On Wednesday, April 12, Prosperity Now , the Leadership Conference on Civil and Human Rights, Capital Area Asset Builders, the Urban Institute and other experts held a discussion on the intersection of homeownership and the racial wealth divide. After introductory remarks and a discussion of the report, a panel discussion took place, followed by a Q&A session. There was a networking opportunity after the conclusion of the event.