Redlining’s impact persists in NJ, officials say, as lending by local banks draws scrutiny

The New Jersey Institute for Social Justice, in a 2020 report, laid out the damaging legacy of redlining in furthering New Jersey’s racial wealth gap. Among its findings was that 77% of New Jersey’s white households own a home while only 41% of Black households can say the same.

“Ryan Haygood, the institute’s CEO, was one of the several participants at the April 19 forum in Newark that addressed redlining.”

Read more.