AL.com, March 22, 2022, What the Black homeownership gap looks like across Alabama
What’s more concerning is the gap is widening. According to the 2020 National Community Reinvestment Coalition Home Mortgage Report, home loan originations to majority-minority neighborhoods declined to 18.5% in that year from 19.1% just two years prior. January 2022 data also shows that the homeownership gap between Black and white Americans is currently the widest it’s been in 100 years. Equally troubling is the fact that many lenders are not tracking the race and ethnicity related to home loans.
