The homeownership gap between white and Black Americans is wider today than it was before the Fair Housing Act was signed into law in 1968. Discriminatory lending practices, such as land contracts, were not the only barriers Black homebuyers faced historically. Decades of housing segregation, systemic denial of loans or insurance in predominantly minority areas, and a persistent income gap have stood in the way of Black homeownership, curtailing their ability to build generational wealth. Click the link in our bio to learn more on the importance of Black homeownership and why the wealth gap is widening.