After hours of testimony before the House Finance Committee's Subcommittee on Housing, Community Development and Insurance, witnesses raise their hands in response to a question on whether homeownership discrimination against Blacks continues today. Seated left to right are: Alanna McCargo, vice president for Housing Finance Policy, Urban Institute; Nikitra Bailey, executive vice president, Center for Responsible Lending; Joseph Nery, president, National Association of Hispanic Real Estate Professionals; Jeff Hicks, president/CEO; National Association of Black Real Estate Brokers (NAREB); Carmen Castro, managing housing counselor, Housing Initiative Partnership; Joanne Poole, liaison for the National Association of Realtors; and Joel Griffith, research fellow, Financial Regulations, The Heritage Foundation. PHOTO: Hazel Trice Edney
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NAREB Takes Fight for Black Homeownership to Congressional Hearing Hicks tells lawmakers: Black-White 'economic divide' was created by U. S. Government
The rate of Black homeownership in America - now at 41.1 percent, according to 2019 U. S. Census numbers - is even lower than it was when the U. S. Fair Housing Act was signed into law 51 years ago on April 11, 1968.
