Racial Covenants
Clip | 2m 40s
After the Great Depression, the federal government redlined minority communities.
After the Great Depression, the federal government backed mortgage lending as a route to homeownership and wealth accumulation, but redlined minority communities. White flight to suburbia left the urban core starved for investment and government services. Predatory lending and the 2010 foreclosure crisis further depressed rates of homeownership in the inner cities.
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City Rising is a local public television program presented by PBS SoCal
Racial Covenants
Clip | 2m 40s
After the Great Depression, the federal government backed mortgage lending as a route to homeownership and wealth accumulation, but redlined minority communities. White flight to suburbia left the urban core starved for investment and government services. Predatory lending and the 2010 foreclosure crisis further depressed rates of homeownership in the inner cities.
Problems playing video? | Closed Captioning Feedback
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Now PlayingClip | 2m 40s | After the Great Depression, the federal government redlined minority communities. (2m 40s)
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City Rising is a local public television program presented by PBS SoCal