POLSCI 101 Lecture Notes - Lecture 20: Federal Housing Administration, Kerner Commission, Redlining
Document Summary
This american life: house rules - the political construction of inequality in the us. No unionization for the help or the hand - farmers and african-americans. Redlining - backing home loans for whites only. African-americans were not covered by social security. Created under the national housing act 1934. Goal: to increase homeownership among working families. Borrower pays smaller down payment and lower interest rates over a longer term. Federal government insures loan for lower-income borrowers so that private bank will risk lending to them. Fair housing act of 1968 - the first northern civil rights bill. Between 1934 and 1964, 98% of fha loans go to white borrowers. Around 1930, most black americans in the north lived in neighborhoods that were only 30% black; by the 1960s their neighborhoods are 74% black or higher. Investigate the causes of urban race riots using the tools or social science. It required government to actively promote neighborhood integration.
