The plan to boost Black homeownership
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The plan to boost Black homeownership
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In Seattle's Central District, the number of Black homeowners has reached a historic low. And across Seattle, less than half as many Black households own homes as white families. But there's a new law that could help turn that around.
The law expands the Covenant Home Ownership program, a state program that helps first-time Black and other marginalized home buyers cover their down payments and closing costs.
In today's episode, Joshua explains why Black homeownership has plummeted and what lawmakers are doing to boost it.
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