Redlining was a discriminatory practice enacted to segregate and prevent minorities from living in suburban communities. Areas occupied predominately by minorities were viewed as hazardous and undesirable by financial institutions. Anyone living in these areas and simply because they were minorities were denied mortgage loan, given higher interests rates, higher insurance rates and land values were appraised significantly lower. This practice was started back in the 1930's and although it was technically outlawed in 1968 with the passage of the Fair Housing Act but blacks are still feeling the effects of it today. This week, the hosts will discuss those lasting effects on the African American community. They will also discuss how our community can overcome these effects.
