Wednesday, February 8, 2023

INEQUITY REVEALED

HOMEOWNERSHIP AND HEALTHY LIVING GAPS ONCE IDENTIFIED BY ANECDOTAL EVIDENCE PROVEN THROUGH FINE-GRADE DATA



The Fair Housing Act of 1968 made it illegal to deny someone housing based on race or other protected categories. 

Despite the law, The Markup found, people of color continue to be denied mortgages at higher rates than their white counterparts.

“We found that nationwide, Black applicants are nearly twice as likely to be denied conventional mortgages as similarly qualified White applicants,” the report stated.

“Latino, Asian/Pacific Islander, and Native American applicants are also more likely to be denied mortgages at higher rates than White ones, even when they have the same financial characteristics.”

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