Spectrum News, March 19, 2025, Could a new approach make homeownership accessible to more Americans?
“They used four primary colors – green and blue, for the areas that were nicer, yellow for areas that were declining, and then red for neighborhoods that they considered hazardous,” said Jason Richardson, the senior director of research at the National Community Reinvestment Coalition.
Richardson explained how the value of a neighborhood was determined.
“What can get you redlined? Industrial facilities, too many people who weren’t white, North European descent, but born in the U.S. Immigrant groups they didn’t like, especially immigrant groups that were not North European, but especially African Americans.”