Black Families In LA Need Assistance To Increase Home Ownership
Written by Black Hot Fire Network on July 13, 2022
Photos: YouTube
LOS ANGELES – With skyrocketing home prices and rampant housing discrimination over decades, Black homeownership in the Los Angeles metro area needs a significant boost from the federal government. Support, such as a federal down payment assistance program, can help families and individuals build wealth and generate pride in their communities.
In Los Angeles, Black homeownership has fallen to 34.6%, the 124th lowest among metropolitan areas across the country, according to researchers at Stacker newswire. There is a gap of 17% between the Black and . . .
