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Stock impact report

Unlocking Homeownership: Essential Mortgage Programs For Native American Home Buyers [Forbes]

BOK Financial Corporation (BOKF) 
Last bok financial corporation earnings: 4/22 07:55 am Check Earnings Report
US:NASDAQ Investor Relations: bokf.com
Company Research Source: Forbes
Commissions do not affect our editors' opinions or evaluations. Homeownership can be challenging for many, but for Native Americans, the obstacles to owning a home have historically been profound and unique. The data highlights this disparity. In 2023, only 51.6% of Native Americans or Alaskan Natives owned their homes, down from 53.4% in 2022 and 55.1% in 2021, according to the U.S. Census Bureau. This is one of the lowest homeownership rates among all ethnic groups in the U.S. Generations of systemic barriers, including cruel and exclusionary federal policies, limited access to financial resources, high poverty rates, scarce employment opportunities and scant infrastructure (especially in rural tribal areas) have compounded the difficulties for Native Americans seeking homeownership that still exist today. Fortunately, there are promising pathways available for Native Americans to achieve homeownership. There are dedicated mortgage loan programs, grants, educational resource Show less Read more
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