Housing policymakers were presented with a chicken-or- egg riddle last week with the release of a study that calls into question the government's loan guarantee program for minority borrowers.

The study by the Chicago Fair Housing Alliance concluded that the Department of Housing and Urban Development's FHA program has "contributed to conditions that undermine the vitality" of minority or racially changing communities, "contributed to white flight, and stimulated the racial fears that fuel continued segregation."

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.