Despite all the gains of the Civil Rights Movement, Black entrepreneurs still struggle to keep their small businesses open and Black families fight to keep their homes at rates far higher than the national average. The economic fallout from the coronavirus pandemic compounded these challenges. As a result of the pandemic, the number of Black business owners declined by over 40%, compared to just 17% for white owners, and the share of Black homeowners in forbearance is higher than the overall rate.
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