Thread by @RealBankReform

Today, @SenateBanking is holding the hearing "Separate and Unequal: The Legacy of Racial Discrimination in Housing."

Follow along on this thread.

banking.senate.gov/hearings/separ…

@ItsLisaRice opens: "There are over 4 million instances of housing discrimination that occur each year"

Richard Rothstein of @NAACP_LDF explains how the racial wealth gap is built on and exacerbated by yesteryears's racist policies based on exclusion in housing

@SherrodBrown to Richard Rothstein "for those who might be skeptical, explain why the government has an obligation to remedy the harmful discrimination that it perpetuated"

@ItsLisaRice gives a history lesson on the origins of the Fair Housing Act

@SenatorMenendez asks @ItsLisaRice about how the homeownership gap contributes to the racial wealth gap

@ChrisVanHollen asks Dr. Jason Reece to comment on why mobility vouchers are important

@ItsLisaRice explains in response to @TinaSmithMN that the government can help eliminate exclusionary zoning ordinances by applying the AFFH mandate not just to housing but also to community development

Asked by @MarkWarner if home mortgage loans targeted to first-generation homebuyers would promote equity across race lines, @ItsLisaRice gives a simple answer: yes
#FairHousingMonth

@SenCortezMasto asks about the roles states and cities have in promoting fair housing in their communities

@ItsLisaRice gives a chilling example of the kinds of hurdles local communities will have to overcome to achieve equity.

#FairHousingMonth

.@SenOssoff inquires how @POTUS's infrastructure plan can achieve fair housing.

Paying keen attention to equity, not building upon an already-racist system, will be key, @ItsLisaRice says.

#FairHousingMonth

.@SenatorWarnock: "How [does] racial disparities within the home appraisal market exacerbate the racial wealth gap?"

@ItsLisaRice explains here.

.@ItsLisaRice dives into the work @natfairhouse is doing on investigating the home appraisal market in MoCo, MD

Finally, shout out to @ItsLisaRice for kicking butt during today's hearing!