Real Estate Industry Works to Change Its Ways

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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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