Search results
Results from the WOW.Com Content Network
Much of the economic impacts we find as a result of redlining and the banking system directly impact the African American community. Beginning in the 1960s, there was a large influx of black veterans and their families moving into suburban white communities. As blacks moved in, whites moved out and the market value of these homes dropped ...
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 ...
“The impact (of redlining) is what you can still see today,” said Anika Goss, president and chief executive of Detroit Future City, a nonprofit tasked with implementing a 50-year framework for ...
Today, about 75% of the country is solely zoned for single-family housing — probably the greatest contributor to housing costs (and therefore housing and wealth inequality) in the United States.
The effects of redlining, as noted in HOLC maps, endures to the present time. A study released in 2018 found that 74 percent of neighborhoods that HOLC graded as high-risk or "hazardous" are low-to-moderate income neighborhoods today, while 64 percent of the neighborhoods graded "hazardous" are minority neighborhoods today. [18] "It's as if ...
NEW YORK (AP) — The three major U.S. banking regulators said Thursday they a plan to rewrite much of the The post Anti-discriminatory bank law getting update to address harm of redlining ...
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]
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