Color and Money: Politics and Prospects for Community Reinvestment in Urban America Contributor(s): Squires, Gregory D. (Author), O'Connor, Sally (Author) |
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ISBN: 0791449513 ISBN-13: 9780791449516 Publisher: State University of New York Press OUR PRICE: $90.25 Product Type: Hardcover Published: April 2001 |
Additional Information |
BISAC Categories: - Business & Economics | Real Estate - Mortgages - Social Science | Discrimination & Race Relations |
Dewey: 332.722 |
LCCN: 2001016519 |
Series: Suny Series, the New Inequalities |
Physical Information: 0.67" H x 6.17" W x 9.27" (0.94 lbs) 218 pages |
Themes: - Demographic Orientation - Urban |
Descriptions, Reviews, Etc. |
Publisher Description: Contrary to conventional wisdom, green is not the only color that matters to lenders. This case study of Milwaukee, Wisconsin--a fairly typical urban area that has experienced systematic disinvestment and a budding reinvestment movement--demonstrates the continuing significance of race in determining who gets home mortgage and small business loans. Confirming the ongoing role of politics in both nurturing urban reinvestment and fueling a backlash by financial institutions, Color and Money offers critical policy recommendations for increasing access to capital in central city communities and for racial minorities throughout the nation's metropolitan areas. |