{"id":5410,"date":"2022-06-06T22:48:40","date_gmt":"2022-06-07T02:48:40","guid":{"rendered":"https:\/\/nationalfairhousing.org\/?post_type=resource&#038;p=5410"},"modified":"2022-06-06T22:48:41","modified_gmt":"2022-06-07T02:48:41","slug":"how-place-based-special-purpose-credit-programs-can-reduce-the-racial-homeownership-gap","status":"publish","type":"resource","link":"https:\/\/nationalfairhousing.org\/resource\/how-place-based-special-purpose-credit-programs-can-reduce-the-racial-homeownership-gap\/","title":{"rendered":"How Place-Based Special Purpose Credit Programs Can Reduce the Racial Homeownership Gap"},"content":{"rendered":"\n<p class=\"content-wrap-item post__paragraph\"><a rel=\"noreferrer noopener\" href=\"https:\/\/nationalfairhousing.org\/resource\/special-purpose-credit-programs-virtual-forum-overview\/\" target=\"_blank\">Special purpose credit programs<\/a>\u00a0(SPCPs)\u2014which allow banks to offer credit on favorable terms to borrowers who have suffered economic disadvantage and share common characteristics (e.g., race or income)\u2014could provide the kind of homeownership boost to Black communities today that the\u00a0<a rel=\"noreferrer noopener\" href=\"https:\/\/www.nytimes.com\/2017\/05\/09\/magazine\/how-homeownership-became-the-engine-of-american-inequality.html\" target=\"_blank\">New Deal provided to white people in the 20th century<\/a>. <\/p>\n\n\n\n<p class=\"content-wrap-item post__paragraph\">Read the full article <a href=\"https:\/\/www.urban.org\/urban-wire\/how-place-based-special-purpose-credit-programs-can-reduce-racial-homeownership-gap\">here<\/a>.<\/p>\n","protected":false},"template":"","meta":{"_acf_changed":false},"resource-topic":[37],"resource-type":[38],"resource-category":[],"acf":[],"_links":{"self":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/resource\/5410","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/resource"}],"about":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/types\/resource"}],"wp:attachment":[{"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/media?parent=5410"}],"wp:term":[{"taxonomy":"resource-topic","embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/resource-topic?post=5410"},{"taxonomy":"resource-type","embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/resource-type?post=5410"},{"taxonomy":"resource-category","embeddable":true,"href":"https:\/\/nationalfairhousing.org\/wp-json\/wp\/v2\/resource-category?post=5410"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}