> Seattle family real estate business shares hope amid decades-old racist housing practices
Seattle family real estate business shares hope amid decades-old racist housing practices
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Dana Frank, the current owner and operator of Frank Family Properties in Seattle, said redlining occurred in the Central District - a then predominantly Black neighborhood.
Her family experienced the racist housing practice firsthand in the '50s and '60s.
"We grew up putting pickets on banks, you know literally banks and bankers' homes to amplify the injustice of redlining and just to expose it," Dana said. "We were refused."
The FHA refused to insure loans in redlined communities which prompted nationwide private lenders to follow suit.
Despite not getting a home loan, Dana's father, Gerald Frank, bought his first home in 1950 near the University of Washington campus through a private contract with the property owner.
Read more: https://www.king5.com/article/news/community/facing-race/seattle-family-real-estate-business-hope-amidst-racist-housing-practices/281-fb53463d-4961-40e9-92ac-e084e97f3833