Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership (Justice, Power, and Politics).
In the late 1960s and early 1970s, shaken by a wave of urban riots, politicians finally worked to end the practice of redlining. Believing that the turmoil could be quelled by turning black city dwellers into homeowners, they passed the Housing and Urban Development Act of 1968 and put in place policies to make mortgage lenders and the real estate industry treat the same.way black shoppers...
