Reducing the racial wealth gap by expanding down payment assistance
Housing Wire
DECEMBER 7, 2020
According to new research by Morgan Stanley , equalizing Black-White homeownership rates over the next 10 years would create more than 5 million more homeowners of color, generate nearly 800,000 new long-term jobs, and raise up to $400 million in additional tax revenues relative to current trends. of the average home price.
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