St. Louis needs a Greenlining Fund to undo damage done by redlining

The historical impact of the early 20th century federal redlining policy continues to hold back many communities of color. For decades, the federal government used a system of color-coded maps to grade neighborhoods for mortgage risk. Red areas were marked the highest risk for loans, which were primarily African-American neighborhoods, meaning residents could not secure financing for homes and were unable to build equity and accumulate wealth from which many white families and neighborhoods benefited.

READ FULL ARTICLE