Cohousing-L Mailing List: Re: affordability loans

[Fred H Olson (fholson]

Kai von Fintel <fintel [at] ourfrontporch.org>
is the author of the message below. 
It was posted by Fred the Cohousing-L list manager <fholson [at] cohousing.org> 
because the message had a "digest" subject line (which I fixed).  
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--------------------  FORWARDED MESSAGE FOLLOWS --------------------

On Saturday, October 5, 2002, at 01:01  PM, Sharon Villines wrote:

> I know it was unintentional but to link affordability with skin color 
> is a racist assumption.

It is a sad *fact* (not an assumption of any sort) about our society:

Median family income by 'race' of householder (US Bureau of Census):

White           $51,224
Black           $31,778
Hispanic        $31,663

Source: http://www.epinet.org/datazone/01/fammedinc.pdf

Links:

United for a Fair Economy (http://www.stw.org/)
Economic Policy Institute (http://www.epinet.org/)

---

Of course, there are affluent people of any color, although the 
distribution is unbelievabe. Of course, one can attempt to attract 
people of any color to cohousing without linking it to affordability. 
But also of course, the more affordable a housing unit is, the more 
truly diverse the mix of people who will be able to afford it will be.

-- Kai von Fintel (fintel [at] ourfrontporch.org)


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