Study: Formerly redlined areas of Chicago and other US cities face greater flood risk
Amid inadequate plans to reduce planet-heating emissions and climate scientists’ repeated warnings about rising seas and more devastating extreme weather, Redfin revealed Monday that formerly redlined areas across the United States face a higher flood risk than regions that weren’t deemed undesirable for mortgage lending under the racist practice. The real estate brokerage analyzed flood risk in 38 major U.S. metropolitan…
