A resolution directing the City Manager to use the Down Payment and Foreclosure Assistance disparity study, to identify disparities or displacement that resulted in disproportionate homeownership and the inaccessibility of communities of color, and particularly Black communities, to build generational wealth; and to provide an update to the City Council within six months, and recommendations no later than August 2021, to include specific budget and policy recommendations to increase Black homeownership in Tacoma, including the potential consideration of dedicating a percentage of all down payment assistance funds to Black residents. [Council Member Ushka]

Committee

City Council

Requested by

City Manager's Office

Introduced

November 19, 2020

On agenda

November 24, 2020

Passed

November 24, 2020