Seattle-Tacoma initiative seeks to double Black homeownership rate

Covid-19, a blistering economy and skyrocketing real estate prices combined to drive an even deeper wedge into the Seattle-Tacoma region's gap in Black homeownership, which has tumbled to rates below the 1960s.*

Black households in Seattle-Tacoma average about half the income of white households, pricing them out of the current market. Four in 10 Black households have zero net worth.*

"The challenges we face in the Puget Sound region are complicated and complex. What's clear is that what we're…

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