Whether you believe that systemic racism exists or not, there is undoubtedly a gap in the percentage of black and Latino American that own homes compared to the percentage of White Americans that own homes. I’m sharing an article that explains what some companies are doing to address this issue.
As always, if you or someone you know would like to sell, buy, or invest in a home in the Tampa Bay Area, I am happy to help! Rachel Glynn, REALTOR: 813-760-7268
The bank will spend $30B over five years to help Black and Latino families become homeowners and boost financing construction for affordable rental housing units. Other banks such as Citigroup ($1B) have also announced aid to close “the racial wealth gap.”