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Assisted by a Jesuit seminarian and twelve white college students, the organization fought the discriminatory real estate practice known as "contract selling", renegotiating around 400 housing contracts and saving an estimated $25,000,000 for exploited black homeowners. In 1986, the Steans Family Foundation was founded to concentrate on ...
Racial steering refers to the practice in which real estate brokers guide prospective home buyers towards or away from certain neighborhoods based on their race. The term is used in the context of de facto residential segregation in the United States , and is often divided into two broad classes of conduct:
Recently seated state Rep. Regan Deering, R-Decatur, said it is apparent that Illinois has a housing crisis. “Metropolitan areas in the 80th House District, you’re looking at Decatur ...
Peoria real estate: Sales in Peoria, Tazewell and Woodford counties for Sept. 7, 2024 “A lot of people I work with have children in college and are about to graduate,” Kohn added.
Blockbusting was a business practice in the United States in which real estate agents and building developers convinced residents in a particular area to sell their property at below-market prices. This was achieved by fearmongering the homeowners, telling them that racial minorities would soon be moving into their neighborhoods.
The National Association of Realtors reports that white real estate brokers make roughly three times as much as their Black The post White real estate agents earn 3 times more than Black real ...
An estimated 190 Black newspapers had been founded in Illinois by 1975, [2] and more have continued to be established in the decades since. While most such newspapers in Illinois have been local, some like the Chicago-based Chicago Defender and Muhammad Speaks have had a major national circulation and impact.
Many Black-owned businesses were already in a tough financial spot when the crisis hit, and were less equipped to outlast the prolonged business closures seen in areas with high infection rates ...