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The Black Codes, sometimes called the Black Laws, were laws which governed the conduct of African Americans (both free and freedmen).In 1832, James Kent wrote that "in most of the United States, there is a distinction in respect to political privileges, between free white persons and free colored persons of African blood; and in no part of the country do the latter, in point of fact ...
In 2002, a USDA Report showed that black people owned less than 1% of the rural land in the United States and the total value of all of that land together is only 14 billion dollars, out of a total land value of more than 1.2 trillion dollars, while the total land that white people owned 96% of rural land, bringing their land's joint worth to ...
As times passed, so did the access to property, allowing African Americans to purchase property within their financial needs. A prime example of how banks and organizations manipulate home ownership, is by offering predatory loans. These loans target lower income individuals, who are normally turned away from the Banks, and given lump sums on a ...
Predatory developers often target Black families whose generational land lacks clear ownership. Now, more families are securing deeds to keep their land and create real wealth.
The FHA believed allowing Black Americans to live in white neighborhood would decrease the property value. This justification, however, was disproven as Black Americans were willing to pay higher prices to live in those neighborhoods. [7] The FHA was also responsible for denying mortgage insurance to Black neighborhoods, a practice known as ...
“Property is not just a commodity,” James said. “Property has a sentimental value that the law should recognize.” Longtime residents report that Phillips Community sounds different nowadays.