The case for small dollar mortgages in Detroit

Half of Detroit’s residents are renters. On this re-aired episode of Detroit Today, Anika Goss, CEO of Detroit Future City says to increase homeownership in the city, we need banks to support lending for homes priced under $100,000. Goss and Stephen also discussed the barriers to homeownership for Black residents and the importance of homeownership as a key way to build generational wealth.