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The homeownership and financing experience in two Chicago minority neighborhoods

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Author Info
Sherrie L.W. Rhine
Maude Toussaint-Comeau
Abstract

This article documents the homeownership and financing decisions made by Hispanic and Black households in two Chicago ethnic communities to help policy makers, financial institutions and community leaders better understand the homeownership process for these two minority groups. Based on our findings, several policy initiatives and programs are proposed to improve the quality of financial literacy and ultimately for Hispanic and Black households.

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File URL: http://www.chicagofed.org/publications/publicpolicystudies/ccapolicystudy/pdf/cca-2000-5.pdf
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Paper provided by Federal Reserve Bank of Chicago in its series Consumer and Community Affairs Policy Studies with number 2000-5.

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Date of creation: 2000
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Handle: RePEc:fip:fedhcc:2000-5

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Related research
Keywords: Discrimination in mortgage loans Chicago (Ill.)

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