How Place-Based Special Purpose Credit Programs Can Reduce the Racial Homeownership Gap
(SPCPs)—which allow banks to offer credit on favorable terms to borrowers who have suffered economic disadvantage and share common characteristics (e.g., race or income)—could provide the kind of homeownership boost to Black communities today.
Jung Hyun Choi, Liam Reynolds, Vanessa G. Perry February 1, 2022
Read the full article here Urban Institute
Author Profile
Latest entries
Selected Media12/06/2023Stop Stereotyping Black Girls: Offer Inclusive Sex Education in Schools
Selected Media12/05/2023These Remote Islands’ Tax System Shows Why Universal Benefits Are Better Than Means-Testing
Selected Media12/04/2023LA protesters decry violent arrest of disabled man: ‘Need the sheriffs to be held accountable’
Selected Media12/02/2023Millions of seniors struggle to afford housing — and it’s about to get a lot worse