How can Kansas City banks do better in the inner-city? Too many of our area lenders first redlined the inner-city, and then saturated it with toxic, predatory loans. Branches have closed, and homebuyers often can’t get loans. Please join us for a discussion on this topic, March 15th, at 6pm, in the East Patrol Community Room–2640 Prospect Avenue.
The Concerned Clergy Coalition and the Historic East Neighborhoods Coalition recently worked through Legal Aid to successfully demand reforms at First Federal Bank, gaining commitments for more loans in the inner-city. It’s time to consider additional advocacy with lenders.
Joining us for this discussion will be Will Jordan, Director of a fair housing group in St. Louis. He is the architect of several successful lending discrimination settlements in St. Louis which lead to new bank branches and more loans in minority neighborhoods.
Please join us for this meeting. Contribute your ideas. Tell us if you want to get involved.