Thumbs down: Signs of discrimination
The joys of home ownership may be escaping Bank of America. Based on an investigation of how banks are maintaining (or failing to maintain) bank-owned properties in black and Latino neighborhoods in Indy, Chicago and Milwaukee, the National Fair Housing Alliance announced Tuesday its filing of a federal housing discrimination complaint
. The filing builds on a case the group has been building in 13 cities highlighting disparities between the way foreclosed properties are handled in predominately white neighborhoods compared with areas home to mostly people of color. In Indianapolis, advocates
said none of the evaluated properties in the black and Latino neighborhoods featured a "for sale" sign, 71 percent featured "substantial amounts of trash" on the property and 57 percent had broken doors or locks. Overall, the NFHA reported that 100 percent of theses properties had more than five maintenance-and-marketing problems and 86 percent had more than 10. Of the 22 properties evaluated, six were in black neighborhoods, one was in a "predominantly non-white community" and 15 were in areas categorized as predominantly white.