One of the most historically important Black newspapers in America

The article traces how federal housing policies in the 1930s introduced redlining — government-backed mortgage programs that classified predominantly Black neighborhoods as “hazardous for investment,” denying mortgages or offering financing on far less favorable terms. This form of economic segregation restricted where Black families could buy homes and suppressed property values in Black communities for generations. New Pittsburgh Courier

Fair housing laws and mortgage products specifically designed to help first-time buyers have expanded access to capital — but the historical legacy of exclusion still shapes perceptions, financial behaviors, and levels of access to information. 🔗 newpittsburghcourier.com New Pittsburgh Courier