Congresswoman, NAACP call for systemic changes to ensure Black homeownership
Rep. Alma Adams said lending disparities we identified need to be addressed. The House Financial Services Committee scheduled a fair housing hearing for March 10.
Author: Nate Morabito
Updated: 6:25 PM EST March 2, 2021
CHARLOTTE, N.C. — A Charlotte lawmaker and the NAACP are calling for action after a WCNC Charlotte investigation uncovered widespread lending disparities that show Black people are more likely to be denied home loans than their white counterparts.
After hearing our findings, Rep. Alma Adams (D), NC-12, questioned the problem during a recent meeting.
"It is still a problem and it shouldn't be," Rep. Adams said. "We really need to address this issue. This is a critical issue."