A Tale of Two Recoveries: Separate and Unequal - Miami Valley Fair ...
A Tale of Two Recoveries: Separate and Unequal
Bank of America Fails to Maintain Foreclosures in Gary, Indiana's
African American Neighborhoods
SOUTH SUBURBAN HOUSING CENTER John Petruszak, Executive Director
1
Richmond Oakland
Vallejo
Las Vegas
Denver
Phoenix Tucson
This maps shows all the cities where complaints against Bank of America are alleging poor maintenance in African American and Latino neighborhoods across the U.S.A. The red stars show new cities being added to the complaint in August 2016. The yellow stars show cities already in the complaint against Bank of America with new evidence.
Minneapolis
Kansas City
Milwaukee
Grand Rapids
Metro Chicago 10 Cities
Gary
Suburban Detroit Cleveland
Toledo
Indianapolis
Dayton
Columbus
Newark Philadelphia
Baltimore Prince George's County
Washington, DC
Memphis
Dallas
Atlanta
Charleston
New Orleans
Tampa
Orlando
Miami
2 2
Methodology Used to Investigate Bank of America Foreclosures
3
Methodology for Investigation
Neighborhoods selected for investigations were 50% or greater:
Majority African American Majority Latino Majority Non-White Majority White
Neighborhoods selected had high number of foreclosed homes owned or under the control of Bank of America in the zip codes evaluated.
100% of Bank of America's REOs were evaluated within the zip codes.
4
Evaluation Measures
Curb Appeal
Accumulated mail, trash, overgrown or dead grass/shrubbery, invasive plants
Structure
Unsecured/broken doors, locks, windows, damaged roof, fence, deck, holes, wood rot
Signage
Trespass/warning signs, "bank owned" "Auction" and "For Sale" signs, broken/discarded signs, unauthorized occupancy
5
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