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In-depth: how implicit bias in banking makes homeownership harder for people of color to attain


and last updated 2021-03-05 22:29:26-05
TAMPA, Fla. — People of color have long been denied access to loans in this country, making it harder to start businesses and buy homes.
ABC Action News in-depth reporter Anthony Hill is digging deeper to find out how implicit bias is preventing many people of color from getting loans and what one local organization is doing to level the playing field.
A key part of the American Dream is homeownership. It’s one of the ways many have passed down generational wealth, but many people of color have long complained of being locked out of that dream. Decades ago, banks refused to lend to minorities, but today the issue is implicit bias. ....

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