For Black people to build wealth, white people need to be comfortable redistributing some of theirs. A success story out of Eugene, Ore., shows how homeownership can begin to remedy income and wealth gaps for Black families.
But while it is amazing that the community came together to help Ms. Lyllye realize her dream of home ownership, there are millions of Black Americans just like her who deserve the same thing. To make that a reality, we need government policies such as increased mortgage options and subsidizing down payments for those impacted by historically discriminatory housing policies.
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