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redlining

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View from the street of a bank built in 1917. From the photographer: The building features a red brick exterior with terra cotta trim, decorative panels with Sullivanesque detailing, Sullivanesque trim, a decorative mosaic in the tympanum below the arch above the front entrance with the word “Thrift” in gold lettering in the middle of an expanse of blue tile and decorative white, cream, green, purple, red, and orange tile accents, decorative metal lettering on the facade above the arch displaying the words “The People’s Federal Savings & Loan Assn." ... Gargoyles above the pilasters framing the front entrance, fixed glass windows at the corners, brass double doors.

How the New CRA Rule Will Help, and Where It Falls Short

The assessments that evaluate a bank’s lending practices have improved, but there are several missed opportunities for reform. For one, the new rules won't incorporate a racial analysis into lending examinations.

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Aerial view of the KeyBank building at night. Windows in it and nearby buildings are lighted.
Reported Article

NCRC Claims KeyBank Broke Promises, Failed Black Homeowners

Who is responsible for evaluating whether groups adhere to promises made in a community benefits agreement (CBA)? Is there any recourse for those who don’t get what they were promised? And what lessons can we take away from the KeyBank CBA?

Practitioner Voice

How Tax Assessments are Racist

Between biased property appraisals that undervalue Black-owned properties and biased tax assessments that levy an unfair burden, homeowners of color are flanked by a double-whammy of racism.

Screenshot from game of a young Black woman holding a glowing key
Review

Dot’s Home, a Computer Game, Addresses History of Housing Discrimination

A new video game aims to educate players on the various housing barriers facing Black Americans through history. How well does it do that?

Partial view of two houses, semi-attached. The one on the left has been updated and renovated and looks shiny and new. The one on the right is dilapidated, with broken orange roof tiles, grimy and boarded-up windows, and climbing plants taking over the walls.
Opinion

Blaming Redlining Is Too Easy

Expanding access to the housing market is unlikely to do much to close the racial wealth gap. Here’s why.

Practitioner Voice

Doing “The Right Thing” Won’t Close the Racial Wealth Gap

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.

A realtor opening a house for viewing.
Reported Article

Realtors Reckon with Race

A new generation of real estate agents are aiming for meaningful change in an industry most famous for championing and enforcing segregation.

A black-and-white photo showing a large group of milling people near a sign that reads "Crestwood Hills/For information regarding this property/Mutual Housing Assn. Inc."
Practitioner Voice

The Cooperative Struggle Against Redlining

Many people are familiar with redlining, but less well known are the handful of cooperatives that sprouted up following WWII with a bold mission: providing integrated, community-owned housing.

Financial System

Why the Community Reinvestment Act Must Be Expanded Broadly Throughout the Financial Industry

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.

Cover of Richard W. Wise's Redlined: A Story of Boston
Review

Murder, Redlining, and the Fight for Jamaica Plain

Ken Reardon reviews “Redlined: A novel of Boston” by Richard W. Wise, an exciting novel about a community’s fight for survival against disinvestment.

redlining map and racial equity
Opinion

Redlining Would Be Relegalized by CRA Reform Proposal

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.

segregation of Atlantic City
Neighborhood Change

In Atlantic City, the Legacy of Segregation and Redlining Endures

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.

home with sold sign
Policy

Don’t Diminish the Importance of Homeownership in CRA Reform

A significant reduction in attention paid to home mortgage lending on CRA exams would be neither economically efficient nor equitable.