The term “redlining” may evoke images of 1930s bankers and real estate men drawing segregated maps in smoke-filled back rooms, but a growing log of settlements announced by the Civil Rights Division of the U.S. Department of Justice (DOJ) suggests that redlining is a persistent and pernicious practice. Occurring in both the past and present,…
In the 15 years that Christopher and Tysharda Thomas have owned their brokerage, New 2 U Homes, the national homeownership rate for Black households has only increased by 0.4% (44%). In Rochester, New York, the disparity between Black (33%) and white (71%) homeownership is a gaping 38 points. “That’s a jarring statistic…we’re kind of on…
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