Boston Globe: Mass. makes progress on racial homeownership gap, study says, but disparities persist

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Woodstock in the News

“The share of mortgages for home purchases issued in Massachusetts in 2022 to Latino and Black homebuyers were roughly equal to their share of the state’s overall population — 12 and 7 percent, respectively, according to the new report from the Partnership for Financial Equity and the Woodstock Institute. Authors said that’s a mark of decades of work to reduce the state’s still-daunting racial homeownership gap; while almost 70 percent of white households in Massachusetts own their home, according to Census data, only roughly 38 percent of Black households do.”

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