This is the second part of a two-part event series focused on narrowing the racial homeownership gap. Part One: Addressing Systemic Racism and Bias in the Housing Market is on Tuesday, November 9, 2021.
Homeownership is viewed as the gateway to the American Dream and the primary mechanism for asset building in the US. However, this has not been the case for many Black Americans because of the country’s long legacy of exclusionary housing policies. Today, the gap in the homeownership rate between Black and white Americans is wider than it was before the civil rights movement. Households of color hold just one-eighth of the wealth of white households. Seventy-six percent of white households owned their homes at the end of the second quarter of 2020, compared with just 47% of Black households.
Practices, Policies and Partnerships to Increase Black Homeownership will discuss how narrowing the racial homeownership gap will require a multifaceted approach including, but not limited to, new types of mortgage products, equitable and intentional policymaking, and effective housing industry partnerships at the local and national level. Please register by Monday, November 8, 2021. Full agenda.
Marshall Crawford, president and CEO, The Housing Fund
Kevin Dunlap, executive director, REBOUND, Inc.
Adam Hall, vice president and community and economic development manager, Fifth Third Bank Kentucky
Katrina Jones, vice president of racial equity, strategy and impact, Fannie Mae
Mike Loftin, non-resident fellow, Urban Institute
Steve O’Connor, senior vice president of affordable housing initiatives, Mortgage Bankers Association
William “Bill” M. Rodgers III, vice president and director of the Institute for Economic Equity, Federal Reserve Bank of St. Louis
Faith Weekly, community development advisor – neighborhoods and housing, Federal Reserve Bank of St. Louis