A key topic was the Chicago Urban League’s Appraisal Bias Task Force, which highlighted the urgent need to educate consumers about the home appraisal process and promote diversity and cultural proficiency in the real estate appraisal industry. These steps are crucial for breaking down barriers that impede Black wealth building through homeownership. These insights were shared with nearly 300 business professionals, civic leaders, and community members at the Marriott Marquis Chicago.
Themed “The State of Black Chicago: Solutions,” the policy summit addressed economic disparities highlighted in the Chicago Urban League’s 2023 State of Black Chicago report, released last June.