After analyzing data from more than 31 million records, the Center for Investigative Reporting (CIR) found that African Americans and Latinos were routinely more likely to be denied conventional mortgages at a far higher rate than their white counterparts. I will not stand for this discrimination and as a result, am pushing for investigations into these practices.
This issue is one of my top priorites because it affects our city and other communities of color across Pennsylvania. We have to quickly halt these discriminatory practices for the sake of our people. Here is more information about the costs of redlining in Philadelphia:
3 investigations opened after Reveal uncovers redlining in Philly
REVEAL | BY AARON GLANTZ | FEBRUARY 22, 2018
Pennsylvania’s state treasurer and attorney general announced separate investigations into pervasive redlining in mortgage lending in Philadelphia this week.
How Redlining Segregated Philadelphia
NEXT CITY | BY JAKE BLUMGART | DECEMBER 8, 2017
There are many reasons for North Philadelphia’s desperate state. But one of the most profound can be traced back to an 80-year-old social engineering effort, when the federal government exacerbated racial wealth disparities and housing segregation across the United States. and 2016. The independent broker told Faroul her income was not steady enough.
Fair Housing Month has ended, but it is important to know that the problem extends beyond redlining and outside of the month of April. Push local, state and federal officials to stop cutting policies that help minorities seek their version of the American dream through home ownership. Redlining and housing discrimination extends well beyond Pennsylvania and must be addressed by the nation at-large.