Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs
Publisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 1500
Book Description
1973 Housing and Urban Development Legislation
Race for Profit
Author: Keeanga-Yamahtta Taylor
Publisher: UNC Press Books
ISBN: 1469653672
Category : History
Languages : en
Pages : 364
Book Description
LONGLISTED FOR THE 2019 NATIONAL BOOK AWARD FINALIST, 2020 PULITZER PRIZE IN HISTORY By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers – as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors, and real estate agents took advantage of the perverse incentives, targeting the Black women most likely to fail to keep up their home payments and slip into foreclosure, multiplying their profits. As a result, by the end of the 1970s, the nation's first programs to encourage Black homeownership ended with tens of thousands of foreclosures in Black communities across the country. The push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction.
Publisher: UNC Press Books
ISBN: 1469653672
Category : History
Languages : en
Pages : 364
Book Description
LONGLISTED FOR THE 2019 NATIONAL BOOK AWARD FINALIST, 2020 PULITZER PRIZE IN HISTORY By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. Race for Profit uncovers how exploitative real estate practices continued well after housing discrimination was banned. The same racist structures and individuals remained intact after redlining's end, and close relationships between regulators and the industry created incentives to ignore improprieties. Meanwhile, new policies meant to encourage low-income homeownership created new methods to exploit Black homeowners. The federal government guaranteed urban mortgages in an attempt to overcome resistance to lending to Black buyers – as if unprofitability, rather than racism, was the cause of housing segregation. Bankers, investors, and real estate agents took advantage of the perverse incentives, targeting the Black women most likely to fail to keep up their home payments and slip into foreclosure, multiplying their profits. As a result, by the end of the 1970s, the nation's first programs to encourage Black homeownership ended with tens of thousands of foreclosures in Black communities across the country. The push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind. Narrating the story of a sea-change in housing policy and its dire impact on African Americans, Race for Profit reveals how the urban core was transformed into a new frontier of cynical extraction.
1973 Housing and Urban Development Legislation: July 16, 17, 18, 19, 20, 23, 24, and 27, 1973
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Housing and Urban Affairs
Publisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 1512
Book Description
Publisher:
ISBN:
Category : City planning and redevelopment law
Languages : en
Pages : 1512
Book Description
Housing and Planning References
Author:
Publisher:
ISBN:
Category : City planning
Languages : en
Pages : 152
Book Description
Publisher:
ISBN:
Category : City planning
Languages : en
Pages : 152
Book Description
1973 Housing and Urban Development Legislation, Hearings Before the Subcommittee on Housing and Urban Affairs of ..., 93:1- ....
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category :
Languages : en
Pages : 1554
Book Description
Publisher:
ISBN:
Category :
Languages : en
Pages : 1554
Book Description
Housing and Planning References
Author: United States. Department of Housing and Urban Development. Library
Publisher:
ISBN:
Category : City planning
Languages : en
Pages :
Book Description
Publisher:
ISBN:
Category : City planning
Languages : en
Pages :
Book Description
From Tenements to the Taylor Homes
Author: John F. Bauman
Publisher: Penn State Press
ISBN: 9780271042039
Category : Social Science
Languages : en
Pages : 306
Book Description
Authored by prominent scholars, the twelve essays in this volume use the historical perspective to explore American urban housing policy as it unfolded from the late nineteenth through the twentieth centuries. Focusing on the enduring quest of policy makers to restore urban community, the essays examine such topics as the war against the slums, planned suburbs for workers, the rise of government-aided and built housing during the Great Depression, the impact of post–World War II renewal policies, and the retreat from public housing in the Nixon, Carter, and Reagan years.
Publisher: Penn State Press
ISBN: 9780271042039
Category : Social Science
Languages : en
Pages : 306
Book Description
Authored by prominent scholars, the twelve essays in this volume use the historical perspective to explore American urban housing policy as it unfolded from the late nineteenth through the twentieth centuries. Focusing on the enduring quest of policy makers to restore urban community, the essays examine such topics as the war against the slums, planned suburbs for workers, the rise of government-aided and built housing during the Great Depression, the impact of post–World War II renewal policies, and the retreat from public housing in the Nixon, Carter, and Reagan years.
Housing in the Seventies
Author: United States. Department of Housing and Urban Development. National Housing Policy Review
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 280
Book Description
Publisher:
ISBN:
Category : Government publications
Languages : en
Pages : 280
Book Description
The Housing Policy Revolution
Author: David James Erickson
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 10
Book Description
Partnerships among advocates, local government, and the private sector, with the aid of federal tax incentives and block grants, have transformed our response to public housing. This book analyzes the revolution through historical political analysis and detailed case studies.
Publisher: Rowman & Littlefield Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 10
Book Description
Partnerships among advocates, local government, and the private sector, with the aid of federal tax incentives and block grants, have transformed our response to public housing. This book analyzes the revolution through historical political analysis and detailed case studies.
Housing Policy in the United States
Author: Alex F. Schwartz
Publisher: Routledge
ISBN: 1135280096
Category : Law
Languages : en
Pages : 374
Book Description
The most widely used and most widely referenced "basic book" on Housing Policy in the United States has now been substantially revised to examine the turmoil resulting from the collapse of the housing market in 2007 and the related financial crisis. The text covers the impact of the crisis in depth, including policy changes put in place and proposed by the Obama administration. This new edition also includes the latest data on housing trends and program budgets, and an expanded discussion of homelessnessof homelessness.
Publisher: Routledge
ISBN: 1135280096
Category : Law
Languages : en
Pages : 374
Book Description
The most widely used and most widely referenced "basic book" on Housing Policy in the United States has now been substantially revised to examine the turmoil resulting from the collapse of the housing market in 2007 and the related financial crisis. The text covers the impact of the crisis in depth, including policy changes put in place and proposed by the Obama administration. This new edition also includes the latest data on housing trends and program budgets, and an expanded discussion of homelessnessof homelessness.