Home values in the vast majority of neighborhoods that were “redlined” as hazardous for mortgage lending by the federal government 80 years ago are lower now than in areas rated more highly.
The Democratic Senator said officials are rolling back anti-discrimination protections for people of color in the face of modern-day redlining.
The Great Recession reduced the African-American homeownership rate to levels not seen since housing discrimination was legal in the 1960s.
Fifty years after President Lyndon B. Johnson signed it into law, the bill has failed to deliver on its key tenet: creating an integrated society.
New report from NCRC shows the legacy of redlining.
Researchers at NCRC compared HOLC maps, the most comprehensive documentation of discriminatory lending practices, with modern-day census data to determine how much neighborhood demographics have changed in 80 years.
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 …
Taking aim at the targeted-advertising algorithms that put Facebook on top of modern-day marketing, several fair-housing advocates brought a federal complaint Tuesday over virtual redlining.
We received thousands of questions about redlining’s history and legality – and what everyday citizens can do about it.
S. 2155, expected to clear the Senate in the coming days, is a banker’s wishlist.
The lawsuit, filed this week in U.S. District Court in Houston by the local chapters of the NAACP and LULAC, the League of United Latin American Citizens, alleges that Capital One violated federal fair housing and credit laws.
Reveal exposes modern-day redlining is occurring in at least 61 US cities. In Philadelphia, black applicants there were almost three times as likely to be denied a conventional home purchase loan as white applicants. And this discrimination isn’t just a few banks, nearly two-thirds of mortgage lenders are still discriminating against clients of color.
Fifty years after the federal Fair Housing Act banned racial discrimination in lending, African Americans and Latinos continue to be routinely denied conventional mortgage loans at rates far higher than their white counterparts.