A reason why older African Americans have lower housing wealth is that the Federal Housing Authority encouraged the practice of redlining.

Name: A reason why older African Americans have lower housing wealth is that the Federal Housing Authority encouraged the practice of redlining.
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Redlining was a practice used by the Federal Housing Authority to deny mortgage loans or insurance to African American neighborhoods, which led to lower homeownership rates and lower housing wealth over time.

A Reason Why Older African Americans Have Lower Housing Wealth