Home
Forums
New posts
Search forums
What's new
New posts
Latest activity
Members
Current visitors
Log in
Register
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Install the app
Install
Home
Forums
Brown Cafe Community Center
Current Events
Black Lives Matter? Statistics Show That They Do.....
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="refineryworker05" data-source="post: 3480340" data-attributes="member: 66082"><p>This thing is just not true. Again, the fha created the modern housing market. Most Americans didn’t own their own homes.</p><p></p><p>The fha’s plan was to create home owners. It did this by guaranteeing 30 year mortgages, with low down payments, and low interest rates. The fha said it wanted to create racially homogenous neighborhoods the fha then created color coded maps with certain areas in red which were drawn on racial lines and told banks if you give mortgages in the areas marked red we will not gaurantee those mortgages. These actions by the fha directly made homeownership far less black Americans, it created segregated neighborhoods because the stated goal of the fha was to create racially homogenous neighborhoods so letting black Americans in would have resulted in your neighborhood getting redlined, and it allowed white Americans to build wealth will denying it to black Americans. This was official government policy.</p><p></p><p>It is what the 1968 housing bill was about.</p><p></p><p>This is not opinion. This is actual American history.</p></blockquote><p></p>
[QUOTE="refineryworker05, post: 3480340, member: 66082"] This thing is just not true. Again, the fha created the modern housing market. Most Americans didn’t own their own homes. The fha’s plan was to create home owners. It did this by guaranteeing 30 year mortgages, with low down payments, and low interest rates. The fha said it wanted to create racially homogenous neighborhoods the fha then created color coded maps with certain areas in red which were drawn on racial lines and told banks if you give mortgages in the areas marked red we will not gaurantee those mortgages. These actions by the fha directly made homeownership far less black Americans, it created segregated neighborhoods because the stated goal of the fha was to create racially homogenous neighborhoods so letting black Americans in would have resulted in your neighborhood getting redlined, and it allowed white Americans to build wealth will denying it to black Americans. This was official government policy. It is what the 1968 housing bill was about. This is not opinion. This is actual American history. [/QUOTE]
Insert quotes…
Verification
Post reply
Home
Forums
Brown Cafe Community Center
Current Events
Black Lives Matter? Statistics Show That They Do.....
Top