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Chicago Sun-Times
Chicago Sun-Times
National
Elvia Malagón

Single-family lending drives neighborhood disparities, new report finds

An old Englewood firehouse that once housed Engine Company 84 is being repurposed for a new development under Mayor Lori Lightfoot’s Invest South/West initiative. (Anthony Vazquez, Anthony Vazquez/Sun-Times)

Single-family home lending is one of the biggest drivers of disparities among Chicago’s neighborhoods, according to a new report from the Urban Institute.

A report released Wednesday by the Urban Institute — a Washington, D.C.-based think tank — examines the types of investments in Chicago during the time period of 2010 to 2020. Brett Theodos, a researcher at the institute, said analysts spent about a year looking at the different types of capital flows into the city and seeing how it compared with investments in other cities across the country.

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