Heart Catcher
Location
A113
Document Type
Presentation
Type
Social Entrepreneurship (SocEnt)
UN Sustainable Development Goal
UNSDG #3: Good Health and Well-Being
Start Date
24-4-2024 11:25 AM
End Date
24-4-2024 11:40 AM
Abstract
There is a stark difference in marketed prices for mortgages for the same worth of property when analyzing homes around the vicinity of Chicago compared to below it. These areas share “opposite addresses” in the sense they intersect on another location if folded on a map. This intentional pricing was meant to segregate Black people from white people, a phenomenon known as redlining. The purpose of this project seeks to remedy the effects of redlining. To do so, we seek to begin at a local community level. To build bridges between these separate communities into a welcoming environment, bringing both sides of Chicago and the area below, together. However, it is a focal point in shifting marketing prices to more fair and appropriate ones for the benefit of both communities. Interviewing and seeking aid by companies in charge of real estate and insurance will both be monumental in garnering support for the appropriation in mortgage prices and also help people of minorities who struggle with affording a home.
Heart Catcher
A113
There is a stark difference in marketed prices for mortgages for the same worth of property when analyzing homes around the vicinity of Chicago compared to below it. These areas share “opposite addresses” in the sense they intersect on another location if folded on a map. This intentional pricing was meant to segregate Black people from white people, a phenomenon known as redlining. The purpose of this project seeks to remedy the effects of redlining. To do so, we seek to begin at a local community level. To build bridges between these separate communities into a welcoming environment, bringing both sides of Chicago and the area below, together. However, it is a focal point in shifting marketing prices to more fair and appropriate ones for the benefit of both communities. Interviewing and seeking aid by companies in charge of real estate and insurance will both be monumental in garnering support for the appropriation in mortgage prices and also help people of minorities who struggle with affording a home.