Heirs property could erase wealth, housing gap

Some black potential homebuyers find themselves barred from the market by a lack of a down payment, and filling this gap in the housing finance system is a major policy objective among housing advocates, Alanna McCargo, vice president of housing policy at the Urban Institute, said at an Aug. 28 forum on the wealth divide sponsored at the Carter Center by Atlanta Neighborhood Development Partnership, Inc. See the full story by David Pendered of SaportaReport.com