Case Western Reserve study confirms racism as 'overriding factor' in redlining
Black residents were 40 times more likely to be redlined in the 1930s, according to new research
With the enactment of the New Deal in the 1930s, the federal government established the Federal Housing Administration and the Home Owners’ Loan Corporation to help Americans buy homes. “This study really helped us understand what determined which things were the most salient in the decision to redline a neighborhood,” said associate professor in medicine and sociology Adam Perzynski, who co-authored the study.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Mattapan will be a case study in how to balance economic growth and racial equityCity officials are working on a plan to redevelop Mattapan, beautify its main square, attract more businesses and add housing. And they're hoping to do all this without displacing the neighborhood's existing residents, who are mostly people of color.
Weiterlesen »
School districts tuck money in reserve accounts to justify need for tax increases, audit findsAuditor General Timothy DeFoor released an audit of 12 districts that uncovered they - and possibly other districts - are legally using a 'shell game' to justify the need for tax increases while sitting on millions in reserve accounts.
Weiterlesen »
Biden oil reserve refill plan won't work, industry group told administrationThe leading U.S. oil and gas industry group told the Department of Energy its Strategic Petroleum Reserve refill plan wouldn't work as intended, its CEO said Thursday after the department's first attempt failed to advance.
Weiterlesen »
Jim Cramer gives his take on the labor market, wage inflation and the Federal ReserveCramer gave his take on the state of the labor market on Thursday.
Weiterlesen »
Fed denies Custodia Bank application to join the Federal Reserve SystemThe U.S. Federal Reserve Board has rejected the application of digital asset bank Custodia for membership in the Federal Reserve System.
Weiterlesen »
Custodia Bank Denied Federal Reserve System MembershipThe Federal Reserve Board has denied custodiabank’s membership application, claiming Custodia’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.” cheyenneligon reports
Weiterlesen »