Redlining has a lingering effect on black homeownership: study

Laveta Brigham

Before 1968, mortgage lenders used racially-charged language to assess whole neighborhoods for creditworthiness. They then color-coded neighborhoods, which were legally segregated, to determine which residents would be eligible for mortgage loans.  Greenlined areas received the best credit ratings and the easiest access to loans. While redlined neighborhoods, which had mostly […]