Improving Homeownership Outcomes Is Critical to Narrowing the Wealth Equity Gap – Dec 16
Posted by Urban Institute on December 14, 2021
Homeownership is a critical wealth-building tool, yet households of color find it more difficult to achieve homeownership than white households do. Further, when households of color, Black and Hispanic households in particular, do achieve homeownership, they often do not reap the same degree of benefits as their white counterparts, facing lower home values and higher homeownership costs. To better understand these inequities, the Urban Institute has spent more than a year analyzing homeownership disparities by race and ethnicity, including the racial and ethnic gaps in housing wealth, the disparate impact of economic cycles on Black and Hispanic homeowners, and the future of racial homeownership gaps absent key policy change.
Join the Urban Institute for a summary of findings and an ensuing conversation about strategies to advance racial equity in homeownership. The panelists will discuss policy solutions state and local policymakers can implement in collaboration with the federal government, community organizations, service providers, and industry to ensure homeownership is equally attainable and beneficial for households of color.
This event will take place on Thursday, December 16, 1:30-3:00 p.m. EDT.
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