home ownership | KUER 90.1

home ownership

Photo of a row of colorful houses
Jason Finn via iStock

Homeownership among Black Americans is at its lowest level since 1968. That’s according to a new study out of Brigham Young University and published in the journal Race and Social Problems. As of last year, just 41% of Black Americans owned homes, compared to nearly 75% of white Americans. KUER’s Caroline Ballard spoke with the study’s author, assistant professor of sociology at BYU, Jacob Rugh, about the implications of those numbers. 

Nicole Nixon

Two homebuilding companies are getting hit with lawsuits for defective units. Homeowners in the Daybreak community say their townhomes need repairs that could cost millions of dollars.

Judy Fahys/KUER

Steve Thon works for Provident Energy, and he’s showing off an exterior wall in a highly efficient home at the Daybreak development.

Bob Massey via Flickr

Help is on the way for aspiring homebuyers in Salt Lake City. Wells Fargo is partnering with non-profit NeighborWorks Salt Lake to provide moderate to low-income families with money for a down-payment and closing costs on a new home.

Wells Fargo’s Neighborhood Lift program is providing $15,000 grants to 224 qualified home-buyers in Salt Lake City. The grants are for legal residents who do not currently own a home.