Race for Profit: Keeanga-Yamahta Taylor Lecture, Feb. 13

Fri, 07 Feb 2020 13:56:04 -0500

Join us next week for the UMBC Daphne Harrison Lecture with Keeanga-Yamahtta Taylor, Assistant Professor of African American Studies, Princeton University. Her talk is titled "Race for Profit: How Banks and the Real Estate Industry Undermined Black Homeownership."

The event will be held in the Fine Arts Recital Hall from 7:00-9:00 PM. A reception and book signing will precede the lecture at 6:00 PM.

"By the late 1960s and early 1970s, reeling from a wave of urban uprisings, politicians finally worked to end the practice of redlining. Reasoning that the turbulence could be calmed by turning Black city-dwellers into homeowners, they passed the Housing and Urban Development Act of 1968, and set about establishing policies to induce mortgage lenders and the real estate industry to treat Black homebuyers equally. The disaster that ensued revealed that racist exclusion had not been eradicated, but rather transmuted into a new phenomenon of predatory inclusion. This talk uncovers how the push to uplift Black homeownership had descended into a goldmine for realtors and mortgage lenders, and a ready-made cudgel for the champions of deregulation to wield against government intervention of any kind."

Read more and RSVP for the event here: https://my3.my.umbc.edu/groups/dreshercenter/events/78634