Given that people of color will form 7 of 10 new households in the coming decade, a new report from the National Association of Real Estate Brokers recommends policies that will address the economic challenges of African-Americans and Latinos.

These recommendations include re-engineering the housing finance system in away that makes providing affordable mortgage credit its principal goal (which the trade group says current legislation on the table in Congress does not do); ensuring that an adequate supply of credit for rental housing is available; and establishing a housing and community infrastructure bank to jumpstart investment, particularly in hard-hit communities, to rebuild neighborhoods, create jobs and stimulate the economy.

Source: National Association of Real Estate Brokers (NAREB)

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Inman Connect Black Friday Sale! Bundle our next two events or secure your 2021 All Access Pass.SEE THE DEALS×
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription