The rate of homeownership is significantly lower for households of color than white households.
SAN DIEGO — The San Diego Housing Commission Wednesday began an effort to expand homeownership among people of color thanks in part to a $7.5 million grant from the Wells Fargo Foundation.
"Innovative programs and public-private partnerships, such as the WORTH grant, are crucial in tackling these issues," Atkins said. "Public-private partnerships like these help us address the root causes of inequity. This funding will change the lives of 5,000 families of color in our community, helping put homeownership within reach at a time when it's more crucial than ever," Gloria added.
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