Redlining is a term used to describe the practice of discriminating against customers in a particular geographic area. It originated at a time when banks would draw a red line around certain areas on a map and refuse to make loans to individuals or businesses within those "redlined" areas. Areas that typically would be redlined were predominantly minority occupied, low income, and often high crime. Redlining is illegal, and lenders and other businesses that practice it face substantial penalties.

Section 8 of the Housing and Community Development Act of 1974 is the housing assistance payments program. This program allows very low-income families to choose and lease or purchase safe, decent, affordable privately owned rental housing. The government makes the rent payments directly to the landlord, which means landlords don't have to worry about late rent or other collection problems. As part of the program, families receiving Section 8 assistance also get counseling on how to take care of property and manage their finances—another benefit to you as the landlord.

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Millionaire Mindset Affirmation

Millionaire Mindset Affirmation

You already recognize that rich individuals think differently than middle class or poor individuals in every aspect of life. But particularly when it comes to money. That's why they're rich. Their selections and decisions just by nature bring about riches.

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