Thread by @d_holli, The local action taking off from the latest @city_bureau/@WBEZ investigation on racial [...]

The local action taking off from the latest @city_bureau/ @WBEZ investigation on racial disparities in bank lending is

. @JaymalGreen is mobilizing. Politicians/civic leaders *sound serious*. @lindalutton is everywhere — threading for folks who want to get involved

Here’s the original investigation/series ICYMI https://interactive.wbez.org/2020/banking/disparity/?_ga=2.216390673.683495327.1592491647-174789700.1588361849

Home Mortgage Lending Inequality In Chicago

In Chicago, lenders have invested more in a single white neighborhood than all the black neighborhoods combined. Call it modern-day redlining.

https://interactive.wbez.org/2020/banking/disparity/?_ga=2.216390673.683495327.1592491647-174789700.1588361849

I had a few wtf moments with this one—lots of gems here https://www.wbez.org/stories/several-chase-bank-branches-close-amid-protests-over-unequal-lending/49d68fe3-814b-4652-83ec-20b46cba347c

Several Chase Bank Branches Close Amid Protests Over Unequal Lending

The protesters are calling for reparations from Chase to make up for wildly unequal mortgage lending patterns.

https://www.wbez.org/stories/several-chase-bank-branches-close-amid-protests-over-unequal-lending/49d68fe3-814b-4652-83ec-20b46cba347c

. @helenegayle: “We need to examine and shine a light on how our society’s institutional practices and public policies have kept a “knee on the neck” of Black Americans for generations” https://www.thenonprofittimes.com/npt_articles/shine-light-on-societys-inequitable-institutional-practices-public-policies/

Shine Light On Society’s Inequitable Institutional Practices, Public Policies

Shine Light On Society’s Inequitable Institutional Practices, Public Policies

https://www.thenonprofittimes.com/npt_articles/shine-light-on-societys-inequitable-institutional-practices-public-policies/

“Green is calling for Chase to give Chicago’s black neighborhoods $1 billion in grants and $10 billion in loans. He wants grants to go to home buyer assistance, small business start-ups and the creation of an African-American-owned bank” https://twitter.com/wbez/status/1272683038917513218?s=21 https://twitter.com/wbez/status/1272683038917513218

https://twitter.com/wbez/status/1272683038917513218?s=21

. @ccoramoore and @marisa_novara: ““Bottom line: What we know about structural racism is that simply letting things unfold is not neutral.” https://www.wbez.org/stories/chicago-equity-chief-says-racial-disparity-in-lending-is-a-call-to-action/ca151402-fb18-4c10-baf3-bedffdc08fb7

Chicago Equity Chief Says Racial Disparity In Lending Is A ‘Call To Action’

City officials respond to WBEZ reporting that shows how banks lend 12 cents to black neighborhoods for every $1 to white.

https://www.wbez.org/stories/chicago-equity-chief-says-racial-disparity-in-lending-is-a-call-to-action/ca151402-fb18-4c10-baf3-bedffdc08fb7

. @senatorjacqui said injustice in the housing, banking and real estate industries — and the disinvestment that results — is part of what’s fueling ongoing protests across the U.S. “That’s what the protests are in the streets about today” https://www.wbez.org/stories/illinois-state-sen-jacqueline-collins-wants-legislation-to-address-unequal-lending/a02f7841-d193-41e2-850d-f09accb88fb0

Illinois State Sen. Jacqueline Collins Wants Legislation To Address Unequal Lending

Collins wants banks to answer for the racial divides in their home purchase lending.

https://www.wbez.org/stories/illinois-state-sen-jacqueline-collins-wants-legislation-to-address-unequal-lending/a02f7841-d193-41e2-850d-f09accb88fb0

Go for the @nbcchicago video, stay for @allenambition, a journalist born and raised here: “I always wondered why Chicago’s mostly white neighborhoods looked so
different than the city's black neighborhoods. Then I studied 168,859 home loans” https://www.nbcnews.com/nightly-news/video/inequality-in-america-modern-day-redlining-in-chicago-creates-home-loan-inequality-85110853978

Inequality in America: Modern-day redlining in Chicago creates home loan inequality

City Bureau and WBEZ examined $57 billion of Chicago mortgages between 2012 and 2018, and found that 68 percent of the money went to majority white neighborhoods. Black neighborhoods got 8 percent.

https://www.nbcnews.com/nightly-news/video/inequality-in-america-modern-day-redlining-in-chicago-creates-home-loan-inequality-85110853978

This is ongoing y’all. Local journalists will keep asking the hard questions but it’s the organizers, activists and mobilizers who keep the pressure on, put everything on the line for change and show us what’s possible. Support your local movement builders.

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