St. Louis Realtor Trade Group Apologizes For Discrimination, Aims To Boost Black Homeownership | app

The largest real estate trade group in the St. Louis area unveiled a plan Monday to boost homeownership among African Americans as part of an effort to redress its decades-long role in the perpetuation of discrimination in housing.

St. Louis realtors say the new initiative is an atonement for how it helped keep the area segregated; many African Americans wishing to buy homes were denied mortgages, and real estate agents encouraged white homeowners to sell for fear that African Americans would move into their neighborhoods and drive down property values ​​– efforts known today as redlining and blockbusting.

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