A new video game aims to educate players on the various housing barriers facing Black Americans through history. How well does it do that?
Solutions to address racial wealth inequality have often focused on behavioral changes and individual choices, minimizing efforts to dismantle structural barriers to wealth accumulation for Black Americans.
The financial industry has been one of the main perpetrators of racial discrimination. It should be obligated to serve all communities, particularly communities of color.
Ken Reardon reviews "Redlined: A novel of Boston" by Richard W. Wise, an exciting novel about a community's fight for survival against disinvestment.
In an attempt to make compliance easier for banks, regulators are proposing to incentivize the very thing the Community Reinvestment Act was written to fight.
The legacy of racist housing policy shapes—and disempowers—Black, largely urban, neighborhoods to this day, and can be seen in places like the Northside neighborhood of Atlantic City, New Jersey.
A significant reduction in attention paid to home mortgage lending on CRA exams would be neither economically efficient nor equitable.
If CDFIs adopted traditional appraisal standards to determine loan amounts, they'd make very few loans in the communities they were founded to serve.
The wealth gap is probably best illustrated in the way our country has, and has not, provided access to the single most important determinant of wealth for the majority of people in the United States—home and land ownership.
Seattle is tackling displacement by aiming to reduce the systemic and structural barriers in connecting marginalized populations to opportunity.
Our conversation with The Color of Law author Richard Rothstein on uncovering truths about our not-so distant history of federally mandated racial segregation in housing.