Apartment Therapy: This new initiative is aiming to create 3 million new Black homeowners

Apartment Therapy, January 29, 2022, This new initiative is aiming to create 3 million new Black homeowners

In 2019, there were about 6.45 million Black homeowners in the United States. This put the Black homeownership rate at 42%, as low as it was in 1970. Meanwhile, the rate of white homeownership increased to 73%, according to the National Community Reinvestment Coalition

.