CUs Owe It to Members to Reverse Financial Exclusion Driving the Black-White Homeownership Gap

The homeownership gap between Blacks and whites is at its largest in 50 years, but there are steps CUs can take to help.

By Ronaldo Hardy | February 16, 2021 at 10:00 AM

black, white figures on different height stacks of coins

Over the last 15 years, Black homeownership rates have declined to levels not seen since the 1960s, when private, race-based discrimination was legal. The gap in the homeownership rate between Black Americans and non-Hispanic white households is the highest it has been in 50 years.

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