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Over the last 15 years, Black homeownership rates have declined to levels not seen since the 1960s, when private, race-based discrimination was legal. The gap in the homeownership rate between Black Americans and non-Hispanic white households is the highest it has been in 50 years.
With a socially driven mission and operating principles rooted in nondiscrimination and equal distribution of financial gains, credit unions have reasons to consider solutions to this societal issue, particularly during Black History Month. Demonstrate that we have learned from our history!
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