Yahoo! Finance, March 3, 2025, Redlining In Real Estate: How Discriminatory Practices Still Affect Black Communities
According to Q4 2024 Federal Reserve Economic Data (FRED), over 74% of white residents own their homes — a stark difference from the 46.4% homeownership rate for Black residents.
Limited access to credit, institutionalized by redlining, is just one of many factors perpetuating this racial homeownership gap. Areas that were redlined decades ago are still less likely to have residents with mortgages, according to a May 2024 study from the National Community Reinvestment Coalition.
