Washington, D.C., Mayor Muriel Bowser (D) on Thursday introduced a $10 million fund aimed at increasing Black homeownership in the city.
Bowser unveiled the fund, which is part of her fiscal 2023 budget, and the creation of a strike team of housing experts in a press release.
The mayor also announced the news on Thursday at a conference with the National Fair Housing Alliance, where Bowser said increasing Black homeownership was vital to improving economic prosperity for African Americans.