The Entrepreneur Fund: The History of Lending Discrimination
To create the maps, HOLC examiners classified neighborhoods on a “perceived level of lending risk” based on information they gathered from local appraisers, bank loan officers, city officials, and real estate agents. According to the National Community Reinvestment Coalition, the examiners graded the neighborhoods based on factors such as:?? The age and condition of the housing, Access to transportation, The closeness of popular amenities such as parks, Proximity to undesirable properties such as polluting industries, The residents’ economic class and employment status, The residents’ ethnic and racial composition.
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