Real Estate Industry Works to Change Its Ways

Earlier this summer, one day before the first ever Juneteenth federal holiday in the Unite States, Macia Fudge, the secretary of the Department of Housing and Urban Development, stood at a podium in Cleveland and made a bold pledge: By 2030, there will be 3 million new Black homeowners in the United States.

The initiative, caled by 3by30, is a project of the Black Homeownership Collaborative, a coalition committed to transforming the real estate industry, which for decades has been complicit in redlining, housing discrimination, and racially-motivated discrepancies in appraisals.

Published by the New York Times

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