- Published: Thursday, October 15, 2020 02:36 PM
CHICAGO — The Senate Executive, Financial Institutions, Economic and Commerce Committees held a joint subject matter hearing on racial equity in lending and home ownership Thursday. State Senator Mattie Hunter (D-Chicago), who chairs the Executive Committee, called for equity in minority lending and ownership.
“Though discriminative practices, such as redlining, were outlawed by the Fair Housing Act of 1968, it is incredibly disheartening to see African Americans struggling from these same issues today,” Hunter said. “Large home ownership and lending gaps still exist and deprive Black Americans, and that needs to change.”