06/03/2026
Executive Director AsaleSol Young joined Nina Moini on MPR's Minnesota Now to talk about the Twin Cities metro area's declining Black homeownership rate:
"And so, as we all feel the impacts of our economy today, as well as read data like this, we have to recognize that...if the white middle class is struggling, these are families that, historically, our system is set up to support. If these families are struggling, then, of course, the impacts are going to be detrimental for lower income families, families of color, specifically Black families. So it's not surprising."
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The data from the Minneapolis Federal Reserve looks at Black and white homeownership. It found a 5 percent drop in Black homeownership between 2023 and 2024.
