Matt Wilson, Senior Research Specialist with Great Cities Institute, participated in a panel discussion ABC 7 Chicago’s Our Chicago program which examined “the long lasting effects of the discriminatory real estate and banking practices of redlining.”
Redlining meant that Black residents, despite having all the necessary collateral and ability to pay, could not secure a home for purchase because of their neighborhood “color designation.” The historic practice of redlining, with some roots in Chicago’s real estate and financial community, had lasting consequences that not only kept Blacks out of desirable neighborhoods, but was instrumental in stifling school integration, opportunities for economic development, corporate development and access to healthcare.
See the Panel Discussion on ABC 7 Chicago
