Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Champion Lender
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
=== Helping historically marginalized groups === While the HOME app can help all kinds of people become homeowners, we're targeting historically marginalized communities—such as the black and brown borrowing population of the United States. Per the National Association of Realtors, "The homeownership rate for White Americans has been consistently nearly 70% since 2017. During the same period, the homeownership rate for Black Americans has been nearly 30 percentage points lower than that of White Americans – above 41% from 2017 on. For Hispanic Americans, the homeownership rate has held above 47%, and for Asian Americans it has been above 59% over the same time period. In 2020, White and Hispanic Americans experienced the largest homeownership gains. The homeownership rate for Hispanic Americans rose by 3 percentage points within a year, pushing the rate above 51%, its highest level in the history. Although the homeownership rate for Black households rose by 1.4 percentage points, it’s still lower than in 2010. In fact, this is the only race/ethnic group whose homeownership rate is lower than 10 years ago. As a result, the homeownership gap between White and Black households became even larger in 2020." [[File:Ea553a9879c6e586d4f6ddf452828dcfd7770cc.png]]
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)