Rebecca Marchiel on Redlining, Financial Deregulation, and the Urban Reinvestment Movement
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Description
The iconic Home Owners’ Loan Corporation maps, created during the New Deal, have served as powerful illustrations of red-lining. Yet, they suggest a more static relationship between financial institutions and cities than actually existed. In this episode, Rebecca Marchiel offers a riveting account of the urban reinvestment movement, a multi-racial coalition of activists that opposed redlining, while also revealing the obstacles they faced from bankers and government officials in implementing their vision.
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