Page 23 - Red Lining News Today

Homes for white families and discriminating against black families. thats red lining. this bill tackles that head on and it says for people who are living in formally red lined areas, theres going to be special assistance for first time home buyers and people that got cheated in the run up to the housing crash and lost their homes. some special assistance for folks to be able to get that first home and to start building the generation after generation of wealth. its a step in the right direction...

We know theres disparities that exist in health care. how you plan to infuse that throughout your campaign. im also tired of candidates, whatever, you know, ethnicity they may be, of continuing to repeat the disparities that exist without any clear indication on how their platform or how their plans plan to address that. >> exactly. >> but also talk about the incredible opportunities that exist, right? to talk about black women, the fastest growing creating businesses in this country. how does y...

Important that everybody understands that. that means that the wealth gap between a white family and a black family is 10-1. if youre a black mother, the likelihood is that youll have infant mortality rate 2.5 times higher than a white mother. if you are a black business man, i remember talking to a fellow in milwaukee, black business man. he said bernie, i cant get a loan from the bank. and his business was pretty good. because of red lining. black kids are leaving college more deeply in debt t...

Apology and the police department an apology. he will facece his day in court. it wont be go well for him. >> laura: gary, this is what the current chicago police department superintendent said about the victims of actual crime. lets watch. >> i just wish that the families of gun violence in this city got this much attention. because thats who really deserves the amount of attention we are giving to this particular incident. >> laura: gary, a one-year-old shot, the day before idea. a high attrit...

He owes the city of chicago an apology and the police department an apology. he will face his day in court. it wont be go well for him. >> laura: gary, this is what the current chicago police department superintendent said about the victims of actual crime. lets watch. >> i just wish that the families of gun violence in this city got this much attention. because thats who really deserves the amount of attention we are giving to this particular incident. >> laura: gary, a one-year-old sh shot, th...

From deutsch bank. >> first, i just want to say how appreciative i am to have been appointed to this committee under the leadership of chairwoman maxine waters. this house is the only checks and balance right now we find ourselves the country at a crossroads at a time where corruption is at a height and were very polarized. the american people deserve truth and this committee will pursue that. weve got a full agenda. theres a lot of emphasis on the current occupant of this white house and this e...

Barring that, this is strong evidence that theres something discriminatory going on in the ways in which blacks are steered towards house. >> at least legally we dont have red lining. during the recession black people were charged higher interest rates on their mortgages because they were black. in theory we tried to do away with a lot of these things. do you think this is changing for the better because if it doesnt change african-americans will be way behind in wealth creation for decades to c...

Builds wealth in the form of equity in your home. now, through the mid 20th century, local governments and financial institutions used a practice known as red lining. they would literally draw red lines around black neighborhoods leading to fewer municipal services, lower home values in those areas. but that was supposed to have ended. a study of the brookings institution found that neighborhoods that at least 50% black have an average, an average of 23% lower home values. this is serious. the d...

We have the highest rates of car insurance because of the practice of red lining. im going to lift their voices up. i will outwork the hate. i will outwork every single thing on the agenda of the right wing. i dont care if its trump or whatever it is thats leading the kind of push against the working families that i represent. but its going to be loud, direct and clear and its going to be about those issues and values. my district did not vote for me because im muslim. they voted for me because ...

Being a critical issue. we have a housing crisis in this country. people cant afford rent, they cant afford to buy and, a big part of this is that we have government that has not been on the side of people who are trying to get into the housing market, who are trying to afford their homes. so, what ive done in this bill is, im working on expanding the number of homes available. its about 3 million housing units that would be created, but also focusing, in particular, on the fact that the federal...