Center President Roxanne Young Kimball was recently quoted in a report from the Minneapolis Fed on housing supply trends.
Our President, Roxanne Young Kimball, was quoted in a recent report by the Minneapolis Federal Reserve Bank on regional housing supply trends, including the fact that the Twin Cities Black homeownership rate edged up 1.5 percent in 2023 vs 2022.
“Continuing to ramp up investments in culturally competent home buyer and credit counseling, focused down payment assistance, and affordable homeownership development are key to maintaining this trend and eliminating racial disparities in homeownership for good. The Twin Cities’ Black homeownership rate has been far below the national Black homeownership rate for too long, and now is the time for us to come together as a region to address it.”
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