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Philadelphia City Council Holds Hearings on Redlining Patterns

The Philadelphia Tribune reported on the hearing for Ordinance 180150 introduced by Councilman Kenyatta Johnson, Chair of the Committee on Legislative Oversight. “Patterns of racial disparities in the home mortgage and lending industries in Philadelphia continue to come under intense scrutiny as officials call for increased transparency and accountability.

“The system is broken,” Councilman Kenyatta Johnson said after listening to hours of testimony from panelists during a daylong hearing Thursday probing those disparities in home lending.” read more