California Gov. Gavin Newsom unveiled his January budget proposal for 2023-2024 earlier this month, marking the official start of the state's annual budget process.

Today, we published a new framework for principles and practices that can be a starting point for owners and operators interested in minimizing displacement of residents – while also being mindful of their bottom lines.

The lasting impacts of segregation and redlining continue to play a significant role in limiting access to decent, safe, and affordable residential housing and homeownership in Black communities.

A recent Enterprise analysis found that while foreclosure risk overall declined from September 2020 to November 2022, gaps remained between white homeowners and homeowners of color who reported being behind on their mortgage payments and likely to lose their homes. That persistent gap indicates government interventions during the pandemic did little to shrink systemic inequities in housing stability for households of color.