Politico: Deflating expectations

Politico, August 9, 2022, Deflating expectations

In public comments on proposed changes to the Community Reinvestment Act, a law aimed at combating racism in lending, groups are pushing the Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. to expand the list of climate-related activities that banks can get credit for supporting.

In addition to credit for things like retrofitting affordable housing to withstand future disasters, promoting green space in poorer areas and financing cooling centers, the National Community Reinvestment Coalition wants community solar, microgrids, electrification and water efficiency for residential homes added to the list.

Print Friendly, PDF & Email
Scroll to Top

Redlining and Neighborhood Health

Before the pandemic devastated minority communities, banks and government officials starved them of capital.

Lower-income and minority neighborhoods that were intentionally cut off from lending and investment decades ago today suffer not only from reduced wealth and greater poverty, but from lower life expectancy and higher prevalence of chronic diseases that are risk factors for poor outcomes from COVID-19, a new study shows.

The new study, from the National Community Reinvestment Coalition (NCRC) with researchers from the University of Wisconsin–Milwaukee Joseph J. Zilber School of Public Health and the University of Richmond’s Digital Scholarship Lab, compared 1930’s maps of government-sanctioned lending discrimination zones with current census and public health data.

Table of Content

  • Executive Summary
  • Introduction
  • Redlining, the HOLC Maps and Segregation
  • Segregation, Public Health and COVID-19
  • Methods
  • Results
  • Discussion
  • Conclusion and Policy Recommendations
  • Citations
  • Appendix

Complete the form to download the full report: