Few Black Americans benefited from US government-backed mortgages in 1930s-40s

A new analysis reveals that during the 1930s and 1940s, very few Black households received mortgages insured by the US government, largely due to discriminatory policies. This exclusion systematically denied Black families access to homeownership and wealth-building opportunities. The findings underscore how historical federal practices contributed to today's persistent racial wealth gap.

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