Research Report Detroit Market: Keys Unlock Dreams Initiative
Jung Hyun Choi, Gideon Berger, Janneke Ratcliffe, Laurie Goodman, Peter J Mattingly, Linna Zhu, John Walsh, Daniel Pang
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This chartbook provides a comprehensive overview of racial disparities in homeownership in the Detroit MSA by analyzing household socioeconomic characteristics, mortgage and credit, home prices, and housing supply in Detroit that are all related to the lower Black homeownership rate and housing wealth in the region. It aims to help local decisionmakers identify and evaluate solutions to racial housing wealth disparities in the area and to offer metrics and benchmarks toward progress.

Research Areas Housing finance Housing
Tags Federal housing programs and policies Homeownership Housing affordability
Policy Centers Housing Finance Policy Center
States Michigan
Cities Detroit-Warren-Dearborn, MI