Black Wealth Starts With Land — Inside The Movement To Close The Housing Gap

The initiative "Property is Power!" aims to enhance home and community ownership. In the U.S., property transcends mere land; it symbolizes power, access, and stability, influencing who thrives and who is marginalized. As reported by Redfin, Black homeownership plummeted to 43.9% in the second quarter of 2025, the lowest since 2021, compared to over 72% for white households. This stark difference is emblematic of the persistent systemic inequalities plaguing economic prospects in America.Historical injustices, such as redlining and discriminatory policies like the GI Bill, have reinforced these disparities. Current data highlights that homes in predominantly Black neighborhoods are undervalued, further limiting wealth accumulation.Today, rising home prices and mortgage rates provide additional challenges, especially for first-time Black buyers who often carry significant student debt. To combat these issues, community-driven programs, proactive lending policies, and individual financial literacy must be prioritized. Closing the Black homeownership gap is not merely an issue of charity; it is a vital economic imperative for a thriving society.