Editing Redlining (section)

=== Community organizations ===
[[ShoreBank]], a community-development bank in [[Chicago]]'s [[South Shore, Chicago|South Shore]] neighborhood, was a part of the private sector fight against redlining.<ref name="shorebank">{{cite web |last=Douthwaite |first=Richard |title=HOW A BANK CAN TRANSFORM A NEIGHBOURHOOD |website=Short Circuit |url=http://www.feasta.org/documents/shortcircuit/index.html?sc4/shorebank.html |access-date=January 8, 2007}}</ref> Founded in 1973, ShoreBank sought to combat racist lending practices in Chicago's [[African-American]] communities by providing financial services, especially mortgage loans, to local residents.<ref>{{cite web |last=Thomsen |first=Mark |date=2001-10-01 |title=ShoreBank Surpasses $1 Billion in Community Development Investment |website=Social Funds |url=http://www.socialfunds.com/news/article.cgi/673.html |url-status=dead |archive-date=2012-09-10 |archive-url=https://archive.today/20120910162601/http://www.socialfunds.com/news/article.cgi/673.html |access-date=January 8, 2007}}</ref> In a 1992 speech, then-Presidential candidate [[Bill Clinton]] called ShoreBank "the most important bank in America".<ref name="shorebank"/> On August 20, 2010, the bank was declared insolvent, closed by regulators and most of its assets were acquired by [[Urban Partnership Bank]].

In the mid-1970s, community organizations, under the banner of the NPA, worked to fight against redlining in South Austin, Illinois. One of these organizations was SACCC ([[South Austin Coalition Community Council]]), formed to restore South Austin's neighborhood and to fight against financial institutions accused of propagating redlining. This got the attention of insurance regulators in the Illinois Department of Insurance, as well as federal officers enforcing anti-racial discrimination laws.<ref>{{Cite web |url=http://archives.chicagotribune.com/1981/02/14/page/S8/article/combatting-redlining-in-austin |title=Combatting redlining in Austin |date=February 14, 1981 |access-date=2017-03-16 |work=Chicago Tribune}}{{dead link|date=February 2020}}</ref>