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Working Paper

Prointegrative Subsidies and Their Effect on Housing Markets: Do Race-Based Loans Work?

An analysis of the effects of race-based housing subsidies on racial composition and housing prices, examining their impacts in Shaker Heights, Ohio.

Working Papers of the Federal Reserve Bank of Cleveland are preliminary materials circulated to stimulate discussion and critical comment on research in progress. They may not have been subject to the formal editorial review accorded official Federal Reserve Bank of Cleveland publications. The views expressed in this paper are those of the authors and do not represent the views of the Federal Reserve Bank of Cleveland or the Federal Reserve System.


Suggested Citation

Cromwell, Brian. 1990. “Prointegrative Subsidies and Their Effect on Housing Markets: Do Race-Based Loans Work?” Federal Reserve Bank of Cleveland, Working Paper No. 90-18. https://doi.org/10.26509/frbc-wp-199018