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redlining
[ red-lahy-ning ]
noun
- a discriminatory practice by which banks, insurance companies, etc., refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, especially inner-city neighborhoods.
˜yÐÄvlog History and Origins
Origin of redlining1
Example Sentences
Even in the U.S., redlining and banking discrimination have historically been used to exclude marginalized communities from wealth-building opportunities.
The historically Black area, where many settled due to redlining east of Lake Avenue, “has definitely felt undervalued and overlooked in many ways,†Carmody said.
These areas west of Lake Avenue have large Black populations in part because of a history of segregation and redlining policies.
Many were boxed out of neighborhoods east of Lake Avenue because of redlining and settled in West Altadena.
For others, it’s been the community where Black residents sought refuge decades ago amid the legacy of defunct racial redlining.
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