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Coalition of Blacks, Hispanics join to fight HB 4050: Experts say legal redlining is destroying house values for minorities – Illinois

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“Nearly 60 days after Illinois House Bill 4050 went into effect to supposedly protect consumers from predatory lenders, a coalition of Black and Latino city residents say the new law is actually destroying property values in select minority communities.

A breakdown on how HB 4050 is hurting minority communities in 10 selected city zip codes and efforts to rescind the law will be addressed at a town hall meeting at 6 p.m. today at the AFC World Outreach Center, 7859 S. Ashland Ave.”

Posted on: October 25th, 2006
Curation from Tomás
Filed Under: 1. Hispanic News, Politics
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