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redlining
[red-lahy-ning]
noun
a discriminatory practice by which banks, insurance companies, etc., refuse or limit loans, mortgages, insurance, etc., within specific geographic areas, especially inner-city neighborhoods.
51Թ History and Origins
Origin of redlining1
Example Sentences
Given the nation’s economic disparities, there’s been particular concern about a dispersal of Altadena’s long-standing Black community, which is focused on the town’s west side, in part due to a history of segregation and redlining.
Even in the U.S., redlining and banking discrimination have historically been used to exclude marginalized communities from wealth-building opportunities.
The historically Black area, where many settled due to redlining east of Lake Avenue, “has definitely felt undervalued and overlooked in many ways,” Carmody said.
These areas west of Lake Avenue have large Black populations in part because of a history of segregation and redlining policies.
Many were boxed out of neighborhoods east of Lake Avenue because of redlining and settled in West Altadena.
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