Redlining transforms housing in racially mixed or largely minority neighborhoods from owner-occupied to renter-occupied housing.

Question

Quizplus · Accepted Answer

Redlining is a practice where banks and other lending institutions refuse to provide mortgages or loans for purchasing homes in neighborhoods that are racially mixed or largely minority. This results in fewer opportunities for home ownership and more renters, which can change the overall makeup of a neighborhood.

Redlining Transforms Housing in Racially Mixed or Largely Minority Neighborhoods