Name: Video: ToolKit: How housing can shrink the racial wealth gap
Description: Income inequality is deepening in America. Economic gains in recent decades have been unevenly dispersed, with the vast majority of the wealth going to those already on top. Part of that discrepancy is rooted in the inability to buy property.

Vance Boelter, suspect in shooting of Minnesota lawmakers, taken into custody in Sibley County

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Angela Davis hosted “In Focus: How housing can shrink the racial wealth gap,” a virtual discussion that tackles the racial wealth gap in Minnesota with panelists from across the state. 

Kim Smith-Moore, senior director of homeownership programs at MN Homeownership Center, LeAnn Littlewolf, economic development director at American Indian Community Housing Organization (AICHO) and Karla Benson Rutten, executive director of the Jeremiah Program’s St. Paul campus discussed building wealth, credit scores and nonpayment assistance programs.

Here are some resources to help you navigate the racial wealth gap and home ownership in Minnesota:

Research from the Federal Reserve Bank of Minneapolis

American Indian Community Housing Organization

Previous reporting by MPR News

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Segregated housing history, Mayo founders' role

Take to close the racial housing gap

Counter racist housing deeds one lawn sign at a time

St. Cloud’s Somali families see homebuying as path to grow wealth, sink roots

More local reporting

Real estate frenzy in Minnesota poses extra barriers to Muslim homebuyers

Voices for Change special, closing the Racial Wealth Gap

Minnesota launches pandemic assistance fund for homeowners

Sam Stroozas

Author

Income inequality is deepening in America. Economic gains in recent decades have been unevenly dispersed, with the vast majority of the wealth going to those already on top. Part of that discrepancy is rooted in the inability to buy property.

ToolKit: How housing can shrink the racial wealth gap

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