Housing
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Housing inequity has made it more difficult for people of color, especially Black Americans, to own their own homes – and the problem is only getting worse. In 1960, White Americans had homeownership rates 26% higher than Black Americans. That gap has grown to 29.4%. Furthermore, redlining continues to affect financial opportunities and community services […]
Relief checks live updates: COLA 2023, mortgages, Social Security payments, housing market, disability… AS USA Source link
(Reuters) – The U.S. Justice Department has thrown its weight behind efforts to oppose so-called “crime-free” housing ordinances, policies that have perpetuated residential segregation. The Department
Renovations for the first African-American public housing complex in the United States, Pathways at Rosewood Courts, broke ground in Austin, TX on Dec. 15, according to CBS Austin. The renovations in the historically Black East Austin community are . . .
Amid soaring inflation rates and signs that the economy is approaching a recession, one-in-four U.S. parents say there have been times in the past year when they could not afford food their family needed or to pay their rent or mortgage. A similar share (24%) say they have struggled to pay for health care their […]
(Getty Images) One of the biggest reasons affordable housing isn’t available in the most expensive cities in the U.S. is because those localities aren’t permitting enough homes to be built in them, the Atlantic reports. Some areas have allowed housing to keep up with population growth, such as the South, but others, including San Francisco, […]
The nonprofit’s 2022 annual report highlights programs and initiatives that helped 7.1 million people gain greater access to safe, decent and affordable housing ATLANTA, Nov. 22, 2022 /PRNewswire/ — A concrete floor is a measure of safety, comfort, employment and empowerment for homeowner María Natalia of San Juan Sacatepéquez, Guatemala. With it, she knows that […]
Pulse of the sector That question, it turns out, is hard to answer, because the data doesn’t exist. “I think change has to be evidenced by a change in the data. Firstly, you’ve got to be collecting it and, secondly, you’ve got to have some targets that mean you actually get there in the end. […]
This is the third installment in a series of blog posts on racial inequality produced by the Office of Economic Policy. The other posts can be found at these links: 1. Racial Inequality in the United States, 2. Racial Differences in Economic Security: The Racial Wealth Gap In this blog post we discuss the stark […]
Black homeownership in the U.S. continues to fall due to the COVID-19 pandemic upending the housing market. Interest rates on home loans are now at 7%. The Pennsylvania Capital Star reports that the Black homeownership rate was 49.7% in 2004 but fell to 40.6% in 2019. In 2022, 74.6% of white Americans owned a home […]