The University of Notre Dame’s Institute for Latino Studies (ILS) has published a new study that examines the effects of the U.S. housing crisis on issues that concern Latinos and Latino neighborhoods in Chicago.
“The Housing Crisis and Latino Home Ownership in Chicago,” by ILS Fellow and DePaul University Professor Martha Argelia Martinez, also provides a comparison with the effects on whites and African Americans. The report concentrates on three interrelated dimensions: mortgage credit availability, foreclosure levels and property values.
According to the report, a combination of socioeconomic vulnerability and riskier credits contributes to the fact that Latinos entered this crisis in a severely disadvantaged position.
The study is part of a larger body of work resulting from the institute’s longstanding research on Latinos in the Chicago area. The report was completed with support from the Arthur Foundation and the Chicago Community Trust.
The report is available online here.
More information is available on the Web at http://latinostudies.nd.edu/cmci.
Contact: Juan Carlos Guzmán, director of research, Institute for Latino Studies, jc.guzman@nd.edu, 574-631-8456; or Angela Anderson, interim director, Center for Metropolitan Chicago Initiatives, aander17@nd.edu, 312-432-4791