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Gale Cincotta (December 28, 1929 – August 15, 2001), a community activist from the Austin neighborhood of Chicago, led the national fight for the US federal Home Mortgage Disclosure Act (HMDA) of 1975 and the Community Reinvestment Act (CRA) of 1977. [1] The CRA requires banks and savings and loans to offer credit throughout their entire ...
Community areas in Chicago. The city of Chicago is divided into 77 community areas for statistical and planning purposes. Census data and other statistics are tied to the areas, which serve as the basis for a variety of urban planning initiatives on both the local and regional levels. The areas' boundaries do not generally change, allowing ...
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
Median household income 2018 [1] $50,767. Source: U.S. Census, Record Information Services. Belmont Cragin is one of 77 officially designated Chicago community areas located on the Northwest Side of the City of Chicago, Illinois. It is designated Community Area 19, and is located 8 miles (13 km) NW of the Loop.
Saul David Alinsky (January 30, 1909 – June 12, 1972) was an American community activist and political theorist.His work through the Chicago-based Industrial Areas Foundation helping poor communities organize to press demands upon landlords, politicians, bankers and business leaders won him national recognition and notoriety.
Chrysler Village is on the eastern edge of the Chicago neighborhood of Clearing nestled between Midway Airport and the Clearing Industrial District. Beginning at Lavergne Avenue on the east and extending to Long Avenue on the West the sturdy brick single family, duplex and townhouse homes surround Lawler Park and were constructed in 1943 during World War II to house the Chrysler Defense Plant ...
The Chicago metropolitan area, also referred to as the Greater Chicago Area and Chicagoland, is the largest metropolitan statistical area in the U.S. state of Illinois, and the Midwest, containing the City of Chicago along with its surrounding suburbs and satellite cities. Encompassing 10,286 square mi (28,120 km 2), the metropolitan area ...
ShoreBank, a community-development bank in Chicago's South Shore neighborhood, was a part of the private sector fight against redlining. [51] Founded in 1973, ShoreBank sought to combat racist lending practices in Chicago's African-American communities by providing financial services, especially mortgage loans, to local residents. [52]
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