AFR Profile picture
13 Apr, 15 tweets, 10 min read
Today, @SenateBanking is holding the hearing "Separate and Unequal: The Legacy of Racial Discrimination in Housing."

Follow along on this thread.…
@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
@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.

.@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.

.@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!

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More from @RealBankReform

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There’s also technology, thanks to #PrivateEquity-owned government surveillance and censorship technology firms.…
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OVERSIGHT HEARING ON STATE MUNICIPAL LENDING: Why is the Fed offering so little support for state and municipal governments? Let's find out in this THREAD:
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Today @federalreserve Chair Powell will be appearing before the Senate Banking Committee at 10am ET. We will be clipping videos in this thread.

You can watch live here:…
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Read 25 tweets

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