The Number of Hispanic Households Will Skyrocket by 2040. How Can the Housing Industry Support Their Needs?

By |Published On: March 1, 2021|

Urban Institute, Feb. 25, 2021–Laurie Goodman, Jun Zhu
Hispanic households will account for 70 percent of net new homeowners between 2020 and 2040. Despite the many barriers to homeownership they face, they are the only racial/ethnic group that will experience an increased homeownership rate over that period. The authors outline three ways lenders and policymakers can support Hispanic homeownership.