The study finds that if minority families owned homes at the same rate as whites of a similar age and income, there would be an additional 3.5 million homeowners today. A major factor contributing to this gap is that minority and lower income famimlies experience continuing, and in many cases growing, inequalities in obtaining the financing necessary to purchase a home.

This memorandum describes (1) the potential applicability to Pima County of a national initiative to institute reforms in floodplain management; and (2) an assessment of the effectiveness of Pima County's Riparian Habitat Mitigation Ordinance (attachment). An inter-departmental team was formed to formulate specific proposals for consideration as part of the Riparian Protection Element of the SDCP and the major plan amendment to the County's comprehensive plan.