Outrage as state launches home loan program of up to $150,000 based on race
Washington state has sparked fury with its new home loan program that offers a whopping $150,000 in assistance - but only if you're the right race.
The Covenant Homeownership Program, launched on July 1, claims to be fighting racial discrimination by helping first-time home buyers snag a 0 percent interest loan for down payments and closing costs.
Applicants must be at or below the local median income as well as fit into select minority categories like Black, Hispanic, or Native American — omitting white people and other groups.
The program also excludes other groups that have faced historical housing discrimination as their website states 'the data is limited when it comes to documenting the lasting impacts of historical discrimination.
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