- Housing Finance Policy Center (HFPC)
The map visualizes mortgages by demographic over the period of 2001-2016, revealing how the housing bust affected certainly populations disproportionately. Since 2008, the tight credit environment has constrained mortgage lending and disproportionately affected black and Hispanic households. As a result, these communities found it hard to take advantage of the low home prices and low interest rates that followed the housing market crash, missing an important opportunity to build wealth through homeownership. Credit remains tight today while home prices have reached their precrisis peak, further limiting affordable housing options for minority homebuyers.
Home Mortgage Disclosure Act
Citi Foundation, MacArthur Foundation, Ford Foundation, Open Society