Search results
Results from the WOW.Com Content Network
Redlining is a discriminatory ... It was not until the passage of the federal Fair Housing Act of 1968 that such discriminatory practices were explicitly outlawed.
The prevalence of housing discrimination and redlining in the United States has led to wide-ranging impacts upon various aspects of the structure of society, such as housing inequality and educational inequality. These phenomena can be seen through the lens of critical race theory as examples of systemic racism. [2] [3] [4]
Redlining is the practice of denying or increasing the cost of services, such as banking, insurance, access to jobs, [120] access to health care, [121] or even supermarkets [122] to residents in certain, often racially determined, [123] areas. The most devastating form of redlining, and the most common use of the term, refers to Mortgage ...
Redlining was an established practice in the real estate industry before the federal government had any significant role in it; to the extent that any federal agency is to blame for perpetuating the practice, it is the Federal Housing Administration and not the Home Owners' Loan Corporation. [25] [23]
In that sense gentrification is another consequence of redlining.” The exhibit will also look at Lexington’s Urban Service Boundary, and what role it has played in housing injustice, and what ...
Reverse redlining [ edit ] This phenomenon occurs when a lender or insurer particularly targets minority consumers, not to deny them loans or insurance, but rather to charge them more than would be charged to a similarly situated majority consumer, specifically marketing the most expensive and onerous loan products.
We know all too well the systemic roadblocks people of color, and particularly Black Americans, face in realizing the dream of homeownership. | Op-ed by T’wina Nobles and Maureen Fife
The anti-redlining effort has now secured $107 million in relief, including the Ameris settlement, which a judge must approve. A $31 million settlement with Los Angeles-based City National in ...