Text of Home Owners' Loan Corporation area descriptions [Binghamton-Johnson City, New York] {1937} Full Details
Full Details
- Title:
- Text of Home Owners' Loan Corporation area descriptions [Binghamton-Johnson City, New York] {1937}
- Description:
- These images are scans of the original text documents of area descriptions from the Home Owners' Loan Corporation for Binghamton-Johnson City, New York. During the 1930s and early 1940s, HOLC staff members, using data and evaluations organized by local real estate professionals—lenders, developers, and real estate appraisers—in each city, assigned grades to residential neighborhoods that reflected their "mortgage security" that would then be visualized on color-coded maps. Neighborhoods receiving the highest grade of "A"—colored green on the maps—were deemed minimal risks for banks and other mortgage lenders when they were determining who should received loans and which areas in the city were safe investments. Those receiving the lowest grade of "D," colored red, were considered "hazardous."
- Creator:
- Home Owners' Loan Corporation
- Provider:
- American Panorama
- Resource Class:
- Other
- Subject:
- Discrimination in mortgage loans
- Theme:
- Property, Society, and Economy
- Temporal Coverage:
- 1937
- Place:
- License:
- https://creativecommons.org/licenses/by-nc-sa/4.0/
- Access Rights:
- Public
- Format:
- JPG
- Language:
- English
- Date Added:
- 2022-05-13
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