How COVID-19 threatens black homeownership

Listen to the original interview by Alcynna Lloyd on HousingWire.com.

In today’s Daily Download episode, HousingWire Digital Producer Alcynna Lloyd interviews The Urban Institute‘s Alanna McCargo to discuss how the COVID-19 pandemic is likely to impact America’s black homeownership rate.

For some background on the interview, here’s what has happened in the industry so far:

Last year, the homeownership rate for black Americans fell to 40.6% in the three months through June, the lowest level in the Census Bureau’s quarterly data going back to 1994, according to a government report. It was the smallest share recorded for black households since the 1950 decennial Census when it was 34.5%