Check out this story published this week by the Charleston Regional Business Journal, “Report finds racial disparity in homeownership.”

Lowcountry blacks are more than twice as likely to be denied a mortgage as their white counterparts.

In a 16-page report, the Charleston Trident Urban League presented the disparity between white and black access to mortgages in the Lowcountry.

George Bresnihan, director of housing services for the league, said the report leads to a simple question: “Why is there a disparity between whites and nonwhites?”

But wrapped in that question are hundreds of data points — black loans originated, white loans originated, total approved, denial ratios, approval rates, applications denied — that lead to several issues — financial literacy, marketing to minorities, lending requirements, credit history, down payments, employment, collateral — that influence the disparity, which has implications on racial wealth gaps as well as equitable opportunities for Lowcountry residents to own their own homes.

Read the full story.