How Real Estate Speculators Cheated Blacks Out Of Home Ownership In 1960s Chicago. Here’s How They Fought Back

3 Posted by - April 12, 2022 - BLACK MEN, CIVIL RIGHTS, Injustices, LATEST POSTS

When Clyde Ross, Mattie Lewis, and Ethel Weatherspoon settled in the West-side neighborhood of North Lawndale, they hoped to achieve the American dream of owning a home. At the time, however, federal policies known as redlining prevented blacks from getting real mortgages, forcing them to buy from real-estate speculators “on contract.” The contracts, homeowners soon discovered, turned out to be a scam. In this short documentary, Ross, Lewis, Weatherspoon, and a community organizer named Jack Macnamara recount the story of how they formed the Contract Buyers League and fought back.

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