Unbelievable: HUD hires official driven out of CFPB over racist blog posts

The Department of Housing and Urban Development’s (HUD) Office of General Counsel has hired Eric Blankenstein to serve as a general counsel for Ginnie Mae. Blankenstein, a former Consumer Financial Protection Bureau (CFPB) policy associate director, caused a large uproar last September when the Washington Post discovered his racially charged blog posts.

Jesse Van Tol, CEO of the National Community Reinvestment Coalition (www.ncrc.org), made the following statement:

“It is unbelievable that HUD would even consider him as a candidate, let alone hire him to serve in such a high-level capacity. Even though the blog posts in question were from 14 years ago, there is no statute of limitation to racism.

“It was bad enough that the CFPB didn’t fire him when the posts first became public knowledge. Now, he will have an integral voice in an enterprise that is significant to affordable housing with the potential to impact millions of families of color.

“Our government needs to better represent the people in which it serves. A good start would be to not hire people with racist histories.”

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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

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