Mortgage redlining played a huge role in this by essentially forcing residents to rent because banks wouldn't underwrite loans for their homes.I'm working with a few other neighborhood leaders to put together a development company that only employs contractors from the neighborhood, creates job training opportunities, and works to help neighbors stay in their homes.

Either that, or maybe I am misunderstanding the first part of what you stated.To be clear, lenders cannot redline an area. 

The publication argues, based on recently released appraisal data-sets, that current day appraisal processes bake the results of historic racist redlining into current home values.

Well, as many of you might have experienced in your lives, things change.My fiancé and I both live in Quincy and work in Boston and love the easy access to the Red Line.

if its the later then I suggest selling at the top of a cycle (which we primarily are in) and taking 1031 into a single apartment investment (NOT REIT) if you are trying to build wealth then I suggest get into a property that on 30-40 year in a c class neighborhood with large delta on cashflow take that difference to offset your redlining properties and just sit on the balance until your assets are paid off

As this plays into the larger historical narrative of redlining, discriminatory lending practices, racial disparity of wealth, certain neighborhoods being singled out and held back from improving over time due to their racial makeup, etc. the optics certainly aren't very good for the appraiser and her company.

@Victoria Redlin, A QI 1031 firm can set up a Reverse Exchange for you where they take title to the new property and hold it for up to 180 days until your old property sells. 

Michaela, interesting that Atlanta would be so blatant in red lining, I can see their thinking but not so much as to extreme tactic as ignoring entire neighborhoods.

The red lines denote where the ads stop and organic starts.Moral of this story is that if you want to be *anywhere* near the top of the page, you have to pay for it. 

So basically, need a 12 month refinance loan for both houses.Please note that Peak Asset Lending, which proudly advertises themselves as a good local lender, is quite picky and actually is executing a form of redlining and will not fund projects in all of the city.