Color and Money: Politics and Prospects for Community Reinvestment in Urban America (SUNY series, The New Inequalities) - Softcover

Squires, Gregory D.; O'Connor, Sally

Softcover

ISBN 10: 0791449521 ISBN 13: 9780791449523

Publisher: State University of New York Press, 2001

Synopsis

A case study of Milwaukee, Wisconsin exploring how lending practices and access to capital are shaped by race.

Contrary to conventional wisdom, green is not the only color that matters to lenders. This case study of Milwaukee, Wisconsin-a fairly typical urban area that has experienced systematic disinvestment and a budding reinvestment movement-demonstrates the continuing significance of race in determining who gets home mortgage and small business loans. Confirming the ongoing role of politics in both nurturing urban reinvestment and fueling a backlash by financial institutions, Color and Money offers critical policy recommendations for increasing access to capital in central city communities and for racial minorities throughout the nation's metropolitan areas.

About this title

About the Author

Gregory D. Squires is Professor of Sociology and a member of the Urban Studies Program Faculty, University of Wisconsin, Milwaukee. He is the coauthor of Chicago: Race, Class, and the Response to Urban Decline, and the editor of From Redlining to Reinvestment and Unequal Partnerships.

Edition details

• Publisher: State University of New York Press
• Publication date: 2001
• Language: English
• ISBN 10: 0791449521
• ISBN 13: 9780791449523
• Binding: Paperback
• Number of pages: 218