Cook County Treasurer's Office - 7/21/2022
A study by the Cook County Treasurer’s Office finds that government-sanctioned, racist housing policies dating back 80 years continue to harm lower-income, mostly minority communities throughout the county. The bulk of distressed properties in Chicago and its suburbs fall into areas redlined by the U.S. Government in 1940, or in areas where Black people moved to escape urban blight, Cook County Treasurer Maria Pappas said. Redlining is the practice of denying loans to homebuyers in minority areas by deeming them a financial risk.
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