Full Citation

Title: The Effects of the 1930s HOLC “Redlining” Maps

Citation Type: Working Paper

Publication Year: 2019

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Abstract: We study the effects of the 1930s-era HOLC “redlining” maps on the long-run trajectories of neighborhoods. Using a boundary design along with propensity score methods, we estimate the causal effects of the maps on racial segregation, home ownership, house values, rents, and credit scores. We also compare cities on either side of a population cutoff that determined whether maps were drawn for identification. Our results suggest that the HOLC maps had an economically meaningful and lasting effect on the development of urban neighborhoods through reduced credit access and subsequent disinvestment.

Url: https://www.chicagofed.org/~/media/publications/working-papers/2017/wp2017-12-pdf.pdf

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Authors: Aaronson, Daniel; Hartley, Daniel; Mazumder, Bhashkar

Series Title: Federal Reserve Bank of Chicago Working Papers

Publication Number: 2017-12

Institution: Federal Reserve Bank of Chicago

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Data Collections: IPUMS USA

Topics: Housing and Segregation, Land Use/Urban Organization, Other

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