House Financial Services Committee Holds Hearing on Achieving Racial Equity through Fair Access to Housing and Financial Services

The Senate Banking, Housing and Urban Affairs (BHUA) on April 13 held a remote hearing, “Separate and Unequal: The Legacy of Racial Discrimination in Housing.” The hearing addressed the legacy of racial discrimination in housing including the history of exclusionary zoning policies, redlining, denial of loans and predatory lending practices to communities of color, and the historic impact of leaving communities of color out of many New Deal opportunities. The committee and invited witnesses reflected on the nation’s history of exclusion in federal housing policy, the Fair Housing Act, and what can Congress do to address inequities in upcoming legislation.

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