State Grants Help Preserve Homeownership in Socially Disadvantaged Communities
July 28, 2022
The California Mortgage Relief Program helps families impacted by COVID-19 save their home For many Californians of color, housing instability and inequity did not begin with the COVID-19 pandemic. Discriminatory housing and lending policies have long prevented communities of color from securing the right to stable housing. The gateway to homeownership – proven to be one of the most effective ways to build intergenerational wealth in America – has only drifted farther and farther out of reach for people of color in America and especially in California. While the pandemic did not create these issues, it has compounded them, forcing