Stories, Context, and the Lived Experience of Black Entrepreneurs, Module I: Mortgages and Generational Wealth

William Romani
October 14, 2021
Ethics & Social Justice, Accounting & Finance
2 pages
racial equity, red lining, restrictive covenants, financial apartheid, deed restriction, mortgage industry, democracy, equitable system, Case Study, Oral History, racism, investments, Social Wealth Creation
Student Price: 
Average rating: 

Anti-Black lending practices of the 20th century have had a lasting impact on American society and the financial health of Black households and individuals. The goals of this module are for students to apply pre-requisite knowledge, skills, and concepts related to finance lending and mortgages in order to state, comprehend, and evaluate the devastation of the anti-Black lending practices from both a business and human perspective.

Use the following link to access the full module:


Learning Outcomes: 

After completing this module students should be able to…

  1. Identify the anti-Black private, public, and legal structures that created and sanctioned the following discriminatory practices in predominantly Black U.S. cities:

    • Red lining

    • Restrictive covenants

    • Financial apartheid

    • Contract sales/buying

    • Deed restriction

  2. Understand the cumulative impact that redlining, the great migration, and forced displacement have had on the historical trauma experienced by Black residents and businesses in redlined neighborhoods in Baltimore.

  3. Compare and contrast the economic and social impact that historically anti-Black predatory housing and mortgage practices have had on the stability and long-term wealth benefits for White and Black entrepreneurs and their communities.

  4. Evaluate the disparate impact of previous local and federal “solutions” for creating racial equity in the mortgage industry home ownership in predominantly Black cities like Baltimore.

  5. Identify areas of need and opportunities that still exist to create home ownership and generational wealth in redlined neighborhoods.

  6. Identify how organizations, businesses, and institutions like Project Own are using a democratic, community owned process to create an equitable system of home ownership and generational wealth creation for residents in redlined communities.

  7. Demonstrate the personal growth and empathy required to make investments in entrepreneurs and companies that are creating inclusive models of home ownership and generational wealth creation in historically redlined neighborhoods.