A recent study published by the Edward J. Bloustein School of Planning and Public Policy shows that although racially and economically exclusionary housing practices in El Paso, Texas, were widespread during the first half of the 20th century, the Home Owners’ Loan Corporation (HOLC) had limited overlap with the exclusionary covenanted properties.
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Toney & Kelly: A History of Local Racial Housing Covenants and Federal Housing Policies
By analyzing subdivision land records, we identify property deeds containing racially or economically restrictive clauses that encompass nearly half of the total platted land area in El Paso, Texas, from 1900 to 1950.
Faculty Contribute to Wealth Disparity Task Force Report
Last week, in commemoration of Black History Month, Gov. Phil Murphy and Lt. Gov. Tahesha Way announced the release of the state’s Wealth Disparity Task Force report, “New Jersey – Building a State of Opportunity: A Report of the Wealth Disparity Task Force to Close Opportunity Gaps and Repair Structural Disparities.”
Henry Coleman and Jermaine Toney participate as members of the Economic Justice Committee within the New Jersey Reparations Council (NJRC)
Henry Coleman and Jermaine Toney participate as members of the Economic Justice Committee within the New Jersey Reparations Council (NJRC). The NJRC Economic Justice Committee held its Public Session on Thursday, December 12, 2024.
Prof. Toney and Lina Moe Named St. Louis Fed Fellows
Toney said, “I will be using the IEE fellowship to advance my current work that examines the effects of historical redlining and racially restrictive housing covenants on households and neighborhoods.”
Jermaine Toney Receives Fellowship to Study Effects of Redlining
Dr. Toney spend the 2023-24 academic year conducting research at the NBER’s Cambridge office, where he will devote his time understand the impact of historic anti-black practices on the current behavior of credit facilities through home mortgage loan denial.
Can millennials afford a house without family help?
The American dream has become too expensive: Most millennials want to own a home one day, but they sure can’t afford one now. During the pandemic, housing prices have climbed, with the nationwide increase moderating to 2.6% year over year in...
Research: Generational wealth matters
Income at life events represents the many ways that generational wealth can drive the contrast in incomes between white and Black households.
A student of social justice, urban environmental policy, Jermaine Toney is an “accidental economist”
His research portfolio includes structural aspects of household finance, wealth disparities, health economics, how mental health issues affect investment decisions, and long-term effects of redlining.