3. It’s not just your
house – it’
h it’s your
family, your friends,
your neighbors,
y
your local school,
your doctor, your
favorite grocery
store…and all these
things shape lives,
things shape lives
especially kids’ lives.
4.
5. The denial of mortgage insurance
f
…Banks reluctant to lend
Racially restrictive covenants
ll
Physical barriers (Detroit’s “wailing wall”)
6. Lack of low‐cost credit options
f
Few preventative care doctors
High‐cost grocery stores that lack fresh
h h l kf h
produce and meat
Concentrated poverty schools
d h l
7. Informal economies
f
Extended family networks
Politicization and organization
l d
Community associations
10. Findings
Fair housing and fair credit are about local places,
people, relationships, and histories
Federal policy must support (and not undercut)
both anti‐discrimination efforts and affirmative
b h i di i i i ff d ffi i
commitments to fair housing and fair credit
Wh t i f i d j t st C t
What is a fair and just 21 Century economic
i
system, and what kind of financial system is
needed to support it?
