Despite record real estate growth in Houston, the Black homeownership rate has dipped below 30%, according to a new city housing report. Skyrocketing prices, discriminatory lending, and gentrification are locking many Black families out of generational wealth. Community leaders are demanding targeted solutions and increased funding for affordable housing and first-time buyer programs.
The post Black Homeownership in Houston Falls Below 30% – The Hidden Housing Crisis appeared first on African American News and Issues.
