Rep. Barbara Lee (right) speaks during a discussion on the state of housing in black America at the 46th annual Congressional Black Caucus Foundation legislative conference at the Washington Convention Center in D.C. on Sept. 15. Photo by William J. Ford

Black Homeownership at Crisis Level, CBCF Panel Says

The homeownership rate in the Black community was at nearly 50 percent a dozen years ago. Today, the figure stands at 41.5 percent and could get worse, experts warn. The topic was discussed for more than two hours Thursday at the Congressional Black Caucus Foundation’s 46th Annual Legislative Conference at the Washington Convention Center in northwest D.C.
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