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Homeownership gap in the Twin Cities is highest in the nation

Homeownership gap in the Twin Cities is highest in the nation
Racial homeownership gap in the Twin Cities highest in the nation
A surge in single-family rentals in Hennepin and Ramsey counties is eliminating options for minority and low-income buyers.
June 27, 2021 6:31pm
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The racial homeownership gap in the Twin Cities is the highest in the nation and has only widened over the past two decades, especially in neighborhoods where investors have snapped up hundreds of single-family homes now used as rentals.
That practice, according to a new report by the Urban Institute, is eliminating options for would-be buyersin some of the most economically challenged and racially diverse neighborhoods in the metro area at a time when house listings are at historic lows. ....

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Golden Valley city staff project turns into growing effort to denounce racial covenants

Golden Valley city staff project turns into growing effort to denounce racial covenants
Reminder of bans on people of color still in documents throughout Twin Cities.
March 13, 2021 6:15pm
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A push by some Golden Valley city staff members to strike racist language from property deeds is spreading across the Twin Cities metro as residents reckon with the history of banning people of color from buying homes in white neighborhoods.
The Just Deeds Project pairs homeowners with pro bono attorneys to discharge racial covenants, the language embedded in deeds beginning in 1910 that segregated neighborhoods throughout the Twin Cities metro. Though unenforceable after a landmark 1948 Supreme Court ruling, the language of racial covenants remains in thousands of deeds. ....

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