NY Says Climate No Excuse For Less Low-Income Lending

By Dave Simpson (December 21, 2022, 11:05 PM EST) -- While low- and moderate-income communities and communities of color are likely to be disproportionately harmed by climate change because of systemic racism and redlining, this does not free banks and mortgage lenders from providing fair access to capital, the New York Department of Financial Services said in guidance on Wednesday....

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