Systemic Inequality: Displacement, Exclusion, and Segregation

How America’s Housing System Undermines Wealth Building in Communities of Color By Danyelle Solomon, Connor Maxwell, and Abril Castro This report is part of a series on structural racism in the United States. Authors’ note: CAP uses “Black” and “African American” interchangeably throughout many of our products. We chose to capitalize “Black” in order to Continue Reading


HUD to propose more hurdles to prove housing discrimination

By KATY O’DONNELL The Department of Housing and Urban Development is circulating a proposal to make it more difficult to bring discrimination claims under the Fair Housing Act. The update to HUD’s 2013 disparate impact rule would require plaintiffs to meet a five-step threshold to prove unintentional discrimination, replacing the current three-step “burden-shifting” approach. It Continue Reading


Black Entrepreneur Who Opened Three Real Estate Firms in 5 Years Speaks at NAREB National Convention

Tamairo Moutry, a successful entrepreneur and real estate mastermind, has opened three real estate companies in less than 5 years, and is opening her next one in Illinois before the end of this year. She was a guest speaker on the Independent Real Estate Broker panel at this year’s NAREB national convention. Atlanta, GA — Continue Reading


Survey finds race still a factor in mortgage approval

  A new analysis of US mortgage applications claims African Americans are twice as likely to be denied a mortgage as white applicants. The study, carried out by real estate blog Clever Real Estate, also found that the disparity between white and black mortgage approval rates is most pronounced in the South. In Montana, Idaho, Continue Reading


Will White House act to end the affordable housing crisis?

By Charlene Crowell Nearly 90 years ago, Kelly Miller, a black sociologist and mathematician, said, “The Negro is up against the white man’s standard, without the white man’s opportunity.” As the first black man to enroll as a graduate student at Johns Hopkins University in 1908, Miller also authored a book entitled Race Adjustment, published Continue Reading


Blacks, income property and wealth

By Pride Newsdesk It is quite disturbing to learn there has been virtually no substantial increase in Black wealth in the last 50 years.   Based on data from the Federal Reserve’s survey of Consumer Finance, the typical black family has just 10 cents for every dollar held by the typical white family. History reveals Continue Reading


Making opportunity zones work for black communities

By Venroy July The IRS and the Treasury Department recently released a second set of proposed regulations on the federal Opportunity Zone program, which was created by the 2017 tax law to spur investment in economically distressed census tracts. The Opportunity Zone law provides significant long-term tax benefits for investors who put capital gains into Continue Reading


Black Americans Face Challenges in Achieving Homeownership, but Help is Available

By: Crissinda Ponder Economic disparities are still a pain point in many communities across the United States, especially in terms of homeownership.   The homeownership rate among white Americans is 73.2%, according to the latest Residential Vacancies and Homeownership quarterly report from the U.S. Census Bureau — significantly higher than the homeownership rates for all Continue Reading


REPORT: Cities with the highest percentage of black homeowners

By Selena Hill Even though housing discrimination has been outlawed for 50 years, studies show that the U.S. black homeownership rate isn’t any higher than when the Fair Housing Act initially passed in 1968. In fact, the racial gap between white and black homeowners today is significant. According to the U.S. Census Bureau, the homeownership Continue Reading


NAREB Takes Fight for Black Homeownership to Congressional Hearing

By Hazel Trice Edney The rate of Black homeownership in America – now at 41.1 percent, according to 2019 census numbers – is even lower than it was when the Fair Housing Act was signed into law 51 years ago on April 11, 1968. This means Black homeownership is 32.1 percentage points lower than that Continue Reading


Examining Black Homeownership Trends

By Radhika Ojha Black Americans own a much smaller number of homes compared to other demographics across the nation’s 50 largest metros, according to a new study by LendingTree. The study, which focused on homeownership trends among African Americans revealed that while Americans who identified as Black made up around 15% of the population in Continue Reading


New report reveals Black homeowners in Chicago lost billions due to predatory housing contracts

By Brianna Rhodes Many people in the Black community once used homeownership as a means of building wealth, but a report published on Thursday reveals that Black Chicagoans who purchased homes between 1950 and 1970 never had a chance of making money because of predatory housing practices. The report, called “The Plunder of Black Wealth Continue Reading


‘A plunder of black wealth’: Predatory housing contracts gouged Chicago’s black homeowners, new report says

A report released Thursday is the first to put a dollar amount on how much wealth was extracted from Chicago’s black community in the 1950s and 60s through home sale contracts. By Carlos Ballesteros Black homebuyers in Chicago lost at least $3.2 billion in today’s dollars because of racist real estate policies and predatory contracts Continue Reading


The legacy of Asheville’s racial real estate covenants

It’s rare that Drew Reisinger, Buncombe County’s register of deeds, is surprised by any historical outrages that turn up in the public records under his care. After all, it was at his direction that the county became the first one in the country to digitize its archives of deeds documenting the local ownership and sale Continue Reading


NAREB Seeks to Increase Homeownership of Blacks by at Least Two Million

A national organization of real estate professionals has made the commitment to see the number of Black homeowners in the U.S. increase by two million in the coming years. The National Association of Real Estate Brokers (NAREB), whose headquarters sits in Lanham, Md., is a membership organization with more than 18,000 real estate brokers, agents, Continue Reading


Wilmington a ‘microcosm’ of larger cities on racial wealth divide, study says

By: Sophia Schmidt A vast divide in the amount of wealth accumulated by white families and families of color persists in the U.S.— and by some reports, has grown in the past few decades. That divide is reflected in Delaware’s largest city, where the median household income for black and Latino households is half that Continue Reading


Poor credit scores keep Gen Xers from entering the housing market

On average, Gen Xers owe more than $20,000 in student loan debt. A recent report from LendingTree reveals that although Gen Xers are now in their prime earning years, many are refraining from homeownership due to substantial debt. The report analyzed the credit profiles of Gen Xers who own homes and compared them with those Continue Reading


Newly renovated homes on the market in north Minneapolis for under $200K

They have hardwood floors and stainless steel appliances. But with Avenue “N” in the address, are people buying these rehabbed homes? By: Kiya Edwards MINNEAPOLIS — Some home buyers overlook north Minneapolis. Not Julia Israel. Over the course of 20 years, Israel has owned a few different homes. All in north Minneapolis. “I like the Continue Reading


For Some Cincinnatians, the Home Buying Process is an American Dream Deferred

By: Nick Swartsell Fewer black Cincinnatians own their own homes. The reasons why are complex — and some go back decades Buying a home is often framed as a quintessential part of the American dream. But data shows that the dream doesn’t manifest itself equally for everyone in Cincinnati. About 24 percent of black households Continue Reading


The politics of home

By: Tiana Webb Evans Homeownership has always been fraught for black Americans. My teen son reminded me decor choices can be, too. When it came to flexing my muscle as a “picker,” a term used lovingly by design dealers to describe an expert in the art of acquiring vintage pieces, one of my big wins Continue Reading