,,iv  #aafth ,,congress  #b;d ,session  
,h4 ,,res4 #hbi  ,,in ,,the ,,house ,,of
 ,,representatives  ,february #d1       
#bjbj,ms4 ,clarke of ,new ,york 7for    
herself1 ,ms4 ,sewell of ,alabama1 ,ms4 
,adams1 ,ms4 ,lee of ,california1 ,ms4  
,moore1 ,ms4 ,pressley1 ,ms4 ,kelly of  
,illinois1 ,ms4 ,fudge1 ,ms4 ,johnson of
 ,texas1 ,ms4 ,plaskett1 ,mr4 ,carson of
 ,indiana1 ,mr4 ,thompson of            
,mississippi1 ,mr4 ,clyburn1 and ,mr4   
,payne7 submitted the following         
resolution2 which was referred to the   
,committee on ,financial ,services      
,,resolution  ,acknowledging the history
 and lasting impact of the ,federal     
,government-created problem of redlining
 and the responsibility of the ,federal 
,government to address such impact4     
,whereas access to opportunity plays a  
fundamental role in determining the     
prospects of an individual with respect 
to achieving upward mobility and the    
,american ,dream2 ,whereas where an     
individual lives plays an outsized role 

in determining the access of such       
individual to life-altering             
opportunities1 such as finding a        
well-paying job and avoiding illnesses  
caused by environmental factors2        
,whereas a persistent wealth gap exists 
in the ,united ,states between the      
wealthy and the vast majority of        
,americans1 a gap that particularly     
impacts communities of color2 ,whereas a
 lack of wealth increases the           
vulnerability of a family to            
socioeconomic emergencies1 such as      
health-related emergencies that can     
cause financial ruin2 ,whereas an income
 gap only explains a small portion of   
the racial wealth gap2 ,whereas housing1
 as the most common household asset and 
largest source of private wealth1 is the
 largest driver of the racial wealth    
gap2 ,whereas ,federal ,government      
redlining provided the financial        
foundation and legal impetus for the    
racially discriminatory housing         
practices principally responsible for a 

disparity in housing wealth2 ,whereas   
redlining used the authority of the     
,federal ,government and leveraged the  
borrowing power of that ,government to  
reinforce racially discriminatory       
incentive structures in the housing     
market that substantially contributed to
 the persistent segregation still seen  
today2 ,whereas segregation creates an  
additional barrier to upward mobility   
for minority communities by             
concentrating disadvantage regardless of
 income2 ,whereas neighborhoods with    
high concentrations of ,jews and        
immigrants from ,ireland1 ,italy1       
,poland1 and other ,eastern ,european   
countries were also redlined1 creating a
 multiethnic diaspora of the            
intentionally marginalized2 ,whereas the
 financial crisis of #bjjg and #bjjh    
exacerbated the racial wealth gap2      
,whereas intentionally malicious and    
racially motivated lending practices by 
large financial institutions directly   
resulted in the widening of the racial  

wealth gap in the ruthless pursuit of   
profits2 ,whereas efforts to incentivize
 the private sector to lend to the      
victims of redlining and historically   
financially underserved areas have      
failed to generate the private lending  
necessary to close the wealth gap or    
address disparate access to credit2 and 
,whereas the ,trump administration seeks
 to undermine the already weak incentive
 structure that pushes financial        
institutions to lend to the victims of  
redlining3 ,now1 therefore1 be it  ,that
 the ,house of ,representatives         
acknowledges-- 7#a7 the history and     
lasting impact of the ,federal          
,government-created problem of          
redlining2 and  7#b7 that the ,federal  
,government has a responsibility to take
 any and all necessary affirmative      
actions to ameliorate the direct        
negative impacts of redlining4