Louisville homeownership divide is a ‘perfect storm of racism,’ housing report says
Louisville needs to convert 22,000 African American residents into homeowners to “erase the gap” between black and white people in the metro area, according to a 2019 Metropolitan Housing Coalition housing report released Wednesday.
The 48-page report illustrates the chasm in homeownership between black and white residents in Louisville and Jefferson County.
It shows that white homeownership almost doubled black and Hispanic homeownership in 2000, 2012 and 2017.
“The ability to accrue wealth through homeownership is not evenly distributed by race or ethnicity in Louisville/Jefferson County,” the study found.
Louisville needs to convert 22,000 African American residents into homeowners to “erase the gap” between black and white people in the metro area, according to a 2019 Metropolitan Housing Coalition housing report released Wednesday. The 48-page report illustrates the chasm in homeownership between black and white residents in Louisville and Jefferson County. It shows that white homeownership almost doubled black and Hispanic homeownership in 2000, 2012 and 2017. “The ability to accrue wealth through homeownership is not evenly distributed by race or ethnicity in Louisville/Jefferson County,” the study found. Louisville needs to convert 22,000 African American residents into homeowners to “erase the gap” between black and white people in the metro area, according to a 2019 Metropolitan Housing Coalition housing report released Wednesday. The 48-page report illustrates the chasm in homeownership between black and white residents in Louisville and Jefferson County. It shows that white homeownership almost doubled black and Hispanic homeownership in 2000, 2012 and 2017. “The ability to accrue wealth through homeownership is not evenly distributed by race or ethnicity in Louisville/Jefferson County,” the study found. “The ability to accrue wealth through homeownership is not evenly distributed by race or ethnicity in Louisville/Jefferson County,” the study found.
