Although a small share of the household population, Black households have significantly lower homeownership rates and higher denial rates compared to their white counterparts. While Latine households are denied mortgage applications at the same rate as Black applicants, it is significantly higher than white applicants. Households of color also have disproportionate levels of small business activity and engagement, largely dominated by their white counterparts.
This one-pager highlights racial demographic information on homeownership and business ownership in Albuquerque, NM. This data was gathered in collaboration with the Urban Institute.
