Black homeownership is more than 7 percentage points below its peak, achieved in 2004, of just under 50 percent.
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An even playing field at this point in the game, after the generational head start has been solidified, will never achieve elimination of these gaps on its own.
Data indicate there are 64,000 existing households of color living in Minnesota today that could successfully become homeowners if they wished to.
Our work remains vital to extending the benefits of sustainable homeownership to those Minnesotans who have traditionally been left behind, and we remain committed to pursuing this mission.
The following post is from an unpublished December 2018 letter to the editor submission to the Minneapolis Star Tribune.