Authors: Marino, Dennis R., and Rosser, Lawrence B
This guide is designed to provide citizens with an understanding of the crucial role that financial institutions play in maintaining and revitalizing urban neighborhoods. It also provides an overview of the cause and effect of lenders’ decisions to disinvest from neighborhoods and presents strategies which can be initiated by citizens to move lenders from redlining to reinvestment. Disinvestment, as used in this publication, refers primarily to the process by which individuals and institutions systematically withdraw financial resources from a neighborhood perceived to be declining in order to invest those resources elsewhere –in central business districts; in suburbs; and, even, in developing countries overseas.
Download now:
