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Impact of Redlining in Numbers

June 29, 2020

Neighborhoods that were redlined have gained $212,000 less home equity since the 1980s, according to a new study from Redfin released June 11. Redlining was formally outlawed in the 1960s, but the New Deal-era lending practice is still having a lasting impact on the rate of Black homeownership and Black wealth in the United States. […]

Filed Under: CVAR Connect, Government Affairs, Industry News Tagged With: #Cvarmember, African-American, Black families, cvarconnect, Federal Housing Administration, New Deal, Redfin, redlining

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