Article 3GX31 Let's Move Our Money: Penn. Lawmaker Demands Action Against Banks Practicing Racist Redlining

Let's Move Our Money: Penn. Lawmaker Demands Action Against Banks Practicing Racist Redlining

by
mail@democracynow.org (Democracy Now!)
from Democracy Now! on (#3GX31)
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As the state of Pennsylvania and the city of Philadelphia begin probes into racist lending practices, Pennsylvania state Senator Vincent Hughes urges constituents to pull their money from banks denying home loans to people of color. This comes after a recent investigation by Reveal found African-American mortgage applicants in Philly are almost three times as likely to be denied a conventional mortgage as white applicants.

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