HUD No. 22-029 HUD Public Affairs (202) 708-0685 FOR RELEASE Thursday February 24, 2022 STATEMENT FROM SECRETARY MARCIA L. FUDGE ON BLACK HOMEOWNERSHIP REMAINING LOWER THAN A DECADE AGO DESPITE THE U.S. HOMEOWNERSHIP RATE EXPERIENCING LARGEST ANNUAL INCREASE ON RECORD WASHINGTON - U.S. Housing and Urban Development Secretary Marcia L. Fudge on Thursday released the following