"NEARLY 70 PERCENT of White households in Massachusetts own a home. Only 37.4 percent of non-White households own a home. That gives Massachusetts the seventh highest racial homeownership gap in the country.
Secretary of Housing and Economic Development Mike Kinnealy told legislators at a public hearing Tuesday that for Black families trying to buy their own home, “the cards are stacked against them.”
As lawmakers are determining how to spend $5.3 billion in federal money that the state will get from the American Rescue Plan Act, Baker administration officials are pushing their plan to spend $1 billion on housing programs as a way to help close that racial gap. "
https://commonwealthmagazine.org/housing/baker-official-pitches-housing-plan-to-close-racial-homeownership-gap/
Condos under construction in 2018 on Washington Street in Dorchester. (Photo by Michael Jonas) |