Assemblymember Reyes Introduces Bill to Expand Opportunities for Affordable Homeownership
Sacramento – California has the second-lowest rate of homeownership and the second largest housing deficit in the nation. Homeownership rates among Californians are grossly inequitable, largely due to a legacy of exclusionary housing policies. In 2019, only 41% of Black and 49% of Latinx families owned their homes, compared to 68% of White and 66% of Asian families.