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Getting a home improvement loan in Philly is harder when you’re low-income or a minority, study shows

Applicants for home improvement loans in the region tend to have more difficulty obtaining them if they are low- or moderate-income, a minority, female, or had no co-applicant, according to a study released this month from the Federal Reserve Bank of Philadelphia.

On the 2600 block of West Jefferson Street in Philadelphia, a newly constructed rowhouse has risen just feet from one in disrepair. Housing advocates are calling for developers to maintain the housing stock we have.
On the 2600 block of West Jefferson Street in Philadelphia, a newly constructed rowhouse has risen just feet from one in disrepair. Housing advocates are calling for developers to maintain the housing stock we have.Read moreTIM TAI / Staff Photographer