Homeownership And Renting Stories From Black Americans

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Homeownership And Renting Stories From Black Americans
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Whether it's a story of triumph or defeat, we want to know your experience as a Black American.

Unfortunately, for most of America's history, Black people have had to jump through endless hoops and hurdles just to get a piece of land., homeownership among Black Americans is the lowest of any race, sitting at 45%. Meanwhile, the US average is 68%, and non-Latino white Americans are at 74%.

' At the same time, the FHA was subsidizing builders who were mass-producing entire subdivisions for whites — with the requirement that none of the homes be sold to African Americans."states,"Lending practices have gradually become more equitable in the US. But more equitable is not equal. The residual effects of redlining — and the— continue to perpetuate the country's racial wealth divide.

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