Authors: Pogge, Jean; Hoyt, Josh; and Revere, Elspeth
Summary
This report documents huge inequalities in the distribution of housing credit throughout the Chicago area that cannot be explained solely by market factors or differences in selling prices. While many communities and suburbs receive thousands of loans and millions of dollars, others received little, and some received virtually nothing. In particular, this report describes the many working class and middle-income, white, Black, and Hispanic neighborhoods in Chicago which are “Partners in Need,” receiving inadequate housing credit for their neighborhoods to thrive, or sometimes even to survive.
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Partners in Need: A Four-Year Analysis of Residential Lending in Chicago and Its Suburbs
