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Redlining Louisville: Racial Capitalism and Real Estate, a project by the Louisville Metro Government, offers an interactive map showing the impact of redlining and racial covenants. It includes maps, narratives, and data sets that illustrate the long-term effects of these discriminatory practices. [64]
In 1933, the federally created Home Owners' Loan Corporation (HOLC) created maps that coded areas as credit-worthy based on the race of their occupants and the age of the housing stock. These maps, adopted by the Federal Housing Administration (FHA) in 1944, established and sanctioned "redlining". Residents in predominately minority ...
This practice, also known as mortgage discrimination, began when the federal government and the newly formed Federal Housing Administration allowed the Home Owners' Loan Corporation to create "residential security maps", outlining the level of security for real-estate investments in 239 cities around the United States. On these maps, high-risk ...
The neighborhood beautification is part of Williams “Redefining Redlining” project that ... MacArthur grant recipient's latest public work looks at the history of redlining through 100,000 red ...
“Redlining devalued residential real estate, which made it more attractive to real estate speculators because of artificially low prices, so you can flip it for more money.
This echoes the redlining era of American history, when certain neighborhoods were designated as ineligible for federal housing assistance because of a high concentration of non-white residents.
Roanoke, Virginia HOLC redlining map. With the passing of National Housing Act of 1934, the United States government began to make low-interest mortgages available to families through the Federal Housing Administration (FHA). Black families were explicitly denied these loans. While technically legally allowed these loans, in practice they were ...
Brooklyn, NY HOLC redlining Map. HOLC is often cited as the originator of mortgage redlining. [11] [12] HOLC maps [13] generated during the 1930s to assess credit-worthiness were color-coded by mortgage security risk, with majority African-American areas disproportionately likely to be marked in red indicating designation as "hazardous."