Valuing homes in Black communities: Meet the innovators driving forward a new generation of structural innovations

Homes in Black majority neighborhoods are undervalued by 23% on average (-$48,000) compared to similar homes in neighborhoods with few Black residents. Cumulatively, this undervaluation deprives homeowners in Black neighborhoods of approximately $156 billion in equity. The good news is that innovators across the United States are developing structural innovations that (re)design our markets for the public good. Be among the first to learn who the spotlight innovators are from the Valuing Homes in Black Communities Challenge, hosted by Economic Architecture and the Brookings Institution. 

On February 25, the recipients of this honor will be announced at an event at the Brookings Institution. These are innovators who are addressing the racial wealth gap by providing alternative pathways to homeownership and wealth-building. Learn about trends that are impacting the realities of homeownership, how these innovators’ efforts are transforming their communities, and how these promising market- and policy-based innovations can fundamentally change the economic architecture of the housing market to make it more equitable.