The National Housing Conference is dedicated to ensuring safe, decent and affordable housing for all in America. The National Housing Conference is a member of the Black Homeownership Collaborative.
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The Urban Institute is the trusted source for unbiased, authoritative insights that inform consequential choices about the well-being of people and places in the United States. We are a nonprofit research organization that believes decisions shaped by facts, rather than ideology, have the power to improve public policy and practice, strengthen communities, and transform people’s lives for the better.
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Across metropolitan America, housing prices are lower where the Black population share is higher. Over 3.2 million owner-occupied homes in Black-majority neighborhoods across America have been collectively devalued by $156 billion. The devaluation of homes in Black-majority neighborhoods is a systematic and nearly ubiquitous failure. Addressing the current devaluation and preventing future devaluation requires structural innovations in public policy and private markets. It is time for change. It is time for innovative solutions. It is time for a new generation of structural innovations that enable homeowners in Black-majority neighborhoods to realize the value and appreciation of their assets. Valuing Homes in Black-Majority Neighborhoods is a far-reaching effort of the Brookings Metropolitan Policy Program and Ashoka’s Economic Architecture Project to find solutions for housing devaluation. We will map the most promising innovations from across the country and invite participants to a collaborative challenge with up to $1 million of prize funds. We are looking for people who are proximate to the problem of home devaluation and have a market- or policy-based innovation. If that is you, or if you’re interested in supporting change and offering your solutions to the problem, we want to hear from you.
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