Strengthening the CRA to Meet the Challenges of Our Time  September 21, 2020 Lael Brainard Board of Governors of the Federal Reserve System  Example of a historical redlining map Figure 1. HOLC Map of Atlanta, 1938  Source: Robert K. Nelson, LaDale Winling, Richard Marciano, Nathan Connolly, et al., “Mapping Inequality,” American Panorama, ed., https://dsl.richmond.edu/panorama/redlining/#loc=4/36.71/-96.93&text=intro.
BOARD OF GOVERNORS of the FEDERAL RESERVE SYSTEM  2  Minority-owned small businesses less likely to access bank financing Figure 2. Small Business Owners that Received Bank Funding in the Last Five Years 46% 34% 23%  Non-Hispanic White  Non-Hispanic Black  Hispanic  Source: Federal Reserve System 2019 Small Business Credit Survey, https://www.fedsmallbusiness.org/medialibrary/FedSmallBusiness/files/2020/2020-sbcs-employer-firms-report.