How to boost Black homeownership rates

Mary Pherribo was a house servant and a descendant of slaves. It was 1935. Mary was determined to become a homeowner. She purchased a plot of land in Hillsboro, North Carolina for $500. She moved a house to that plot.
The property appreciated nicely as nearby Duke University became a larger economic presence. Mary was able to parlay her home equity into generational wealth, helping her children and grandchildren become homeowners.
Tai Christenson, government affairs director for the non-pro