Illinois still has a redlining problem. Decades ago, the government labeled Black neighborhoods as “high risk” for home loans. And we’re still feeling the legacy of this policy today. In 2020, WBEZ and City Bureau found that for every dollar that Chicago lenders invested in mostly white neighborhoods, they only invested 12 cents in mostly Black neighborhoods.
How can urban communities of color break the cycle of disinvestment? Guest host Collete English Dixon, executive director of the Marshall Bennett Institute of Real Estate, welcomes Ralph Martire to explain a proposed new state program.
If you’ve listened to our last few episodes, you know that Ralph is the Arthur Rubloff Professor of Public Policy at Roosevelt University. He also serves as the executive director of the Center of Tax and Budget Accountability, a bipartisan think tank. This episode is the last in a three-part series on the CTBA’s work to address racial and economic disparities.
