A Juneteenth flag flies on a float during the 45th annual Juneteenth National Independence Day celebrations in Galveston, Texas, on June 15, 2024. | Source: MARK FELIX / Getty

Black Americans celebrated Juneteenth long before it became a federal holiday. The day commemorates June 19, 1865, when Union Major General Gordon Granger issued an order freeing 250,000 slaves in Texas, signifying the end of slavery in the United States. But over 150 years later, as we celebrate the progress we’ve made to date, we must also recognize there are still barriers to overcome, specifically regarding homeownership.

Millions of Americans dream of owning a home. Emotionally, it represents an important milestone and a symbol of achievement. Financially, it’s an opportunity for homeowners to build generational wealth for their families. Unfortunately, many Americans, and Black Americans in particular, face barriers to creating and preserving that generational wealth for their families—even after they have worked hard to achieve their dreams. This Juneteenth is an opportunity for members of Congress to take a crucial step toward reducing the racial wealth gap in the United States by supporting the Heirs’ Estate Inheritance Resolution and Succession (HEIRS) Act.

Source: This Juneteenth, Let’s Focus On Real Solutions To Address The Racial Wealth Gap