50 years after the Fair Housing Act, black homeownership hasn’t changed much

It’s been almost 50 years since Lyndon Johnson signed the Fair Housing Act (FHA) of 1968, a landmark law passed in the aftermath of Martin Luther King’s assassination that banned discriminatory practices in housing.

The law was part of a spate of civil rights legislation in the 1960s—spurred by the movement led by black Americans—that sought to pave a way for African Americans to attain higher levels of education, employment, income, and health in an unequal country.

But there’s one aspect of the American dream that, despite the Fair Housing Act, remains largely elusive for black Americans—homeownership.

More African Americans than ever owned homes in the early 2000s, alongside every race and ethnicity, when easy credit and loose lending led to higher rates of homeownership,…

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