Showing posts with label home ownership. Show all posts
Showing posts with label home ownership. Show all posts

Monday, October 17, 2022

Black women endure legacy of racism in homeownership and making costly repairs

  Yolanda, 61, owns a home in the predominantly Black 7th Ward neighborhood in New Orleans.

  To fix her leaking roof in 2020, she had to borrow money.

  “It’s one of them credit card loans,” she said. “Like interest of 30% and all that, you know. I was kind of backed up against the wall, so I just went on and made the loan, a high-interest loan.”