The systematic denial of loans was a major contributor to the urban decay that plagued many American cities during this time period. Minorities who tried to buy homes continued to face direct discrimination from lending institutions into the late 1990s.
The widespread denial of loans had a profound impact on the urban landscape in America, leading to decay and deterioration in many cities. African Americans who sought to own homes faced significant barriers, including direct discrimination from lending institutions, until the late 1990s.