Earlier this year, the U.S. Department of Housing and Urban Development (HUD) proposed a new AFFH rule that would reverse years of progress by no longer enforcing meaningful community participation in the fair housing planning process.
There are nearly 50 million African Americans in the U.S. today. Though the African American population continues to rise, their share of the nation’s wealth isn’t keeping up, according to the National Community Reinvestment Coalition’s recent African American Racial Wealth Divide Snapshot.
As a result of the Trump Administration’s rollback of affordable healthcare and harsh cuts to affordable housing opportunities, many Americans are struggling with access to quality healthcare and stable housing. The combined toll of both of these issues, as well as pervasive and persistent discrimination, consistently put LGBTQ groups among the most affected. For decades, …
Deep-rooted discrimination impacts health of LGBTQ community Read More »
Fair housing laws protect minorities from discrimination, but they haven’t eliminated bad behavior in the lending and housing industries.
On the eve of Washington, D.C., and the National Capital Region’s 2019 Pride festivities, 1,000 self-described dykes took to the streets on June 7 to protest displacement in the city, bringing the Dyke March back to D.C. for the first time in 12 years.
These changes will make it harder for the American public to see what’s going on.
Data is the sunlight that makes possible the fight against discrimination. The Consumer Financial Protection Bureau (CFPB), however, is considering changing its method of disseminating loan data that would make it less readily available to the public and significantly hamper our collective ability to root out unfair and discriminatory practices.
The Great Recession reduced the African-American homeownership rate to levels not seen since housing discrimination was legal in the 1960s.
With the publication of Richard Rothstein’s 2017 book, The Color of Law: A Forgotten History of How Our Government Segregated America, the issue of racial and economic “redlining” has come to the forefront. The shocking thing about the revelations in Rothstein’s book is the degree to which policies and practices of segregation were accepted and …
Reversing the red lines: Disinvestment in America’s cities Read More »
This study examines how neighborhoods were evaluated for lending risk by the HOLC, and compares their recent social and economic conditions with city-level measures of segregation and economic inequality
A study found that minorities are denied mortgages more than whites, even when accounting for income and other factors.
S. 2155, expected to clear the Senate in the coming days, is a banker’s wishlist.
Valerie Wilson of the Economic Policy Institute discusses EPI’s new report on the economic inequality gap for African Americans, 50 years after the Kerner Commission.
Congress should be asking how to expand reporting requirements for all lenders, not end them. We need bipartisan support to end discrimination in lending, not to hide the data that exposes it.
A trend has swept across government since Trump took office—a gutting of anti-discrimination measures across the financial services, including mortgages, car loans, payday loans, and more.
