The History of Homeownership in Minnesota
A Legacy of Engineered Inequity
Homeownership is the #1 way families build wealth in America. But households of color were systemically barred from ownership for generations via racial deed covenants and redlining. While these overt practices have largely been set aside, their destructive impacts remain.
Minnesota’s racial homeownership gap is one of the largest in the country today.
Take some time to view the Twin Cities Public Television documentary Jim Crow of the North to learn more about how it was created.
The Minnesota Homeownership Center is working to reduce this gap.
- We’re debunking myths that keep people with no family history of ownership from thinking they could achieve it.
- We certify professional Homeownership Advisors and leverage funds to enable free advisory services aimed at enabling sustainable ownership.
- We convene engaged industry leaders to advance homeownership equity and eliminate systemic barriers in the buying process.
- We partner with likeminded organizations working in the BIPOC home buying space, including the Asian Real Estate Association of America, the National Association of Hispanic Real Estate Professionals, the National Association of Real Estate Brokers and the 9000 Equities initiative.
Black Homeowners — In Their Own Words
We talked with Black families who want to own a home, and they shared how important it is to hear from existing Black homeowners – for inspiration, hope and the reminder that homeownership IS possible. These videos are their stories, in their own words. Take a look!