Policy

Building Access to Economic Opportunity & Homeownership through Advocacy

For communities of color to have true economic security, we must close the racial wealth gap -- but that racial wealth gap will persist as long as a yawning homeownership gap continues to plague California and the U.S.

Nationally, about 73% of white households own their own homes. For Latinos it’s just 47% and for African Americans it’s only 42%. In California, with our sky-high housing costs, the figures are even worse: California’s white homeownership rate is 63%, compared to 42% for Latinos, while just 35% of California African Americans own their own homes.

Because homeownership is so critical to building wealth in our society, this gap creates a huge barrier to economic security for Black, Latino and many immigrant communities. Our advocacy focuses on eliminating the homeownership and racial wealth gaps and fixing California’s broken housing market.

It’s not enough to pass good laws. Those laws must be effectively and fairly implemented. We work directly with the government agencies and regulatory bodies that do this crucial, behind-the-scenes work, acting as a watchdog to ensure that regulations and their enforcement truly promote homeownership, prevent discrimination, and help communities of color build economic security.

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