HUD Secretary Marcia Fudge says student loan debt is limiting Black homeownership
“For people of color, especially Black people, homeownership is wealth. It’s not only wealth to us, but it’s generational wealth,” said Fudge Department of Housing and Urban Development (HUD) Secretary Marcia Fudge said student debt is a key reason for the disproportionately low homeownership rates among Black Americans. “Who has student debt? Poor people, Black…
