• ARGUS History
  • Join The ARGUS
  • Advertise With Us
  • ARGUSnewsnow
  • Contact
  • ARGUS H.E.A.L
Sunday, July 20, 2025
  • Login
St. Louis Argus
  • HOME
  • NewsWatch
    • St. Louis City
    • Community
    • Politics
    • Education
    • National
    • World
  • A Closer Look
    • Opinion
  • Events
  • the vibe
    • Art & Entertainment
    • Beauty, Wellness and Fashion
    • Books
    • Education
    • Entertainment
    • Fashion
    • Harris Stowe
    • Food
    • Health
    • HBCUs
    • Sports
      • Black College Sports
      • High School
      • St. Louis Cardinals
  • National
  • E-Editions
  • The Narrative Matters
  • Video
  • Contact
No Result
View All Result
  • HOME
  • NewsWatch
    • St. Louis City
    • Community
    • Politics
    • Education
    • National
    • World
  • A Closer Look
    • Opinion
  • Events
  • the vibe
    • Art & Entertainment
    • Beauty, Wellness and Fashion
    • Books
    • Education
    • Entertainment
    • Fashion
    • Harris Stowe
    • Food
    • Health
    • HBCUs
    • Sports
      • Black College Sports
      • High School
      • St. Louis Cardinals
  • National
  • E-Editions
  • The Narrative Matters
  • Video
  • Contact
No Result
View All Result
St. Louis Argus
No Result
View All Result

A Primer on Redlining: Racial gaps in lending persist despite CRA

Elevate Dayton by Elevate Dayton
August 9, 2022
in Business, Feature
Home Business
Share on FacebookShare on TwitterShare on LinkedinShare with Email

Between 1935 and 1940, the Home Owners’ Loan Corporation, a federal agency, legitimized racial discrimination by creating color-coded maps for cities across the country to indicate risk levels for long-term real estate investment. Neighborhoods that received the highest grade of A, colored green on the maps, were considered “best.” Those that received the lowest grade of D, colored red, were regarded as “hazardous,” the practice known as redlining. 

Urban areas with a large share of Black families were most likely to be redlined, while neighborhoods made up mostly of white families were most likely to be deemed “best” and colored green. In redlined neighborhoods, it was virtually impossible to get a loan.

Redlining was outlawed in the 1960s, and in 1977, Congress passed the Community Reinvestment Act (CRA) to combat its effects by requiring banks to meet the credit needs of people where they do business, especially low- and moderate-income neighborhoods. 

Yet redlining remains a major factor in the country’s already substantial wealth gap between Black and White families.

Post Views: 99
Tags: blacksfamilieslendingracismredlining

Related Posts

Business

HerStoryMatters: Bougie Bites STL offers vegan food with a side of imagination and accessibility

July 19, 2025
A Closer Look

Kimberly Bailey: From South Memphis to Tech Trailblazer — First Female CIO of Memphis, HBCU Leader, and Creator of Black History Legacy Series

July 19, 2025
A Closer Look

Redefining Leadership: Highlights from the NBMBAA Women in Leadership Series

July 19, 2025
Feature

Commemorating the Life and Legacy of Congressman William “Bill” Clay: Missouri’s  Trailblazing Political Power Broker 

July 18, 2025
Business

What Small Business Owners Should Know Before Hiring an Austin SEO Company

July 17, 2025
Business

Celebrate 30 Years of Empowerment at the Black Women’s Expo!

July 18, 2025
Next Post

MISSOURI MMJ INDUSTRY NEWS ALERT:

No Result
View All Result

Latest News

DISC Plus: James DuMont: Hollywood’s Unsung Powerhouse Returns in the Gripping Thriller “Unit 234”

July 19, 2025

DISC Plus: Billy Joel: And So It Goes – A Must-Watch HBO Documentary

July 19, 2025

Affirmative Action, Activism, and Afro-American Studies: The Class of 1974 Looks Back on Racial Progress

July 19, 2025
Facebook Twitter Instagram
  • ARGUS History
  • Join The ARGUS
  • Advertise With Us
  • ARGUSnewsnow
  • Contact
  • ARGUS H.E.A.L

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • HOME
  • NewsWatch
    • St. Louis City
    • Community
    • Politics
    • Education
    • National
    • World
  • A Closer Look
    • Opinion
  • Events
  • the vibe
    • Art & Entertainment
    • Beauty, Wellness and Fashion
    • Books
    • Education
    • Entertainment
    • Fashion
    • Harris Stowe
    • Food
    • Health
    • HBCUs
    • Sports
      • Black College Sports
      • High School
      • St. Louis Cardinals
  • National
  • E-Editions
  • The Narrative Matters
  • Video
  • Contact

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.