The Color Tax: Origins of the Modern Day Wealth Gap

Wednesday, April 28, 2021 from 3:00-4:30 PM (EST), the FHCCI will host with community partners Kheprw Institute and Indiana Legal Services, The Color Tax: Origins of the Modern Day Wealth Gap

The Color Tax: Origins of the Modern-Day Racial Wealth Gap, is Episode 3 of the five-part documentary series, Shame of Chicago. The Color Tax tells the story of how a system of predatory home contract sales during the 1950s and 60s plundered enormous sums of wealth from Black families seeking the American dream of homeownership, but denied access to standard mortgages. In a compelling narrative format, The Color Tax documents who peddled the contracts, how and why they were allowed to do it, and what happened when Black families organized to fight back, in one of Chicago’s most heart-wrenching and perilous campaigns for racial and economic justice. The event is part of the FHCCI’s work to spread information and awareness about housing rent-to-own, contract for deed, and land contracts. The Fair Housing Center of Central Indiana has filed two federal court actions to date alleging fair housing violations as part of these transactions. We will show the short film and then have a panel discussion with local advocates and the film’s producer, Bruce Orenstein, on the continued impact and use of modern day rent-to-own housing transactions and land contracts. The event is free but advance registration is required. It has also been approved for 1.5 CLEs. More info on the FHCCI Events Page.

Posted: April 19, 2021