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Resource ID: #12226
Subject: Redlining
Source: Chicago Reporter
Affiliation: 
Date: May

Description

The Reporter tells that "Chicago's banks and savings and loans are withdrawing from the city's racially changing neighborhoods, creating a vacuum in home mortgages that is quickly filled by federally guaranteed loans.The result: a dual housing market that offers commercial mortgages to whites and federally subsidized loans to African Americans and Latinos...."

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