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June 2019

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6/7/2019
LIFT expands minority homeownership opportunities
For most working Americans, homeownership is the primary tool for building wealth. However, saving enough money for a down payment remains the most significant challenge for potential homeowners. Credit problems and lack of financial knowledge also play a part in keeping this important asset out of reach for many. These barriers can affect families of color in greater numbers, perpetuating the long-standing gap in prosperity between white people and non-white people.