In Brief: Chicago's Poor Areas Received Fewer Loans

A research group's analysis of the 1996 Community Reinvestment Act found that fewer small-business loans were made in low-income areas of Chicago than in upper-income areas.

The study by the Chicago-based Woodstock Institute examined the number of loans per 100 businesses in different neighborhoods.

The study found 13.3 loans per 100 businesses in low-income areas, compared with 23.1 loans per 100 businesses in upper-income areas. The study said the disparity was greater for business loans less than $100,000.

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