Redlining Richmond

C6

2 Description of Terrain
- Rolling
3 Favorable Influences
4 Detrimental Influences
5 Inhabitants
- a Type:
  Mill laborers in paper and rayon mills
- b Estimated annual family income:
  $1,500 - $2,500
- c Foreign-born:
  0%
- d Negro:
  0%
- e Infiltration of:
  0
- f Relief Families:
  some relief families
- g Population is increasing; decreasing; static:
  Increasing: No; Decreasing: No; Static: Yes
6 Buildings
- a Type or Types:
  Cheap frames
- b Type of construction:
  frame
- c Average age [in years]:
  10 - 30
- d Repair:
  only fair, or worse
7 History
- Year Sales Values Rental Values
  Range Predominating % Range Predominating %
  1929 level $1,000 - $3,000 $1,800 100% $25 - $35 100%
  1933 low $1,200 $20 - $30
  1937 current $1,400 $25 - $30
8 Occupancy
- a Land:
  80%
- b Dwelling Units:
  100%
- c Home owners:
  20%
9 Sales Demand
- a Quality:
  no
- b Price and Type:
- c Activity is:
  no
10 Rental Demand
- a Quality:
  good
- b Price and Type:
  $25 - $28
- c Activity is:
  all filled
11 New Construction
- a Types:
  none
- b Amount last year:
  none
12 Availability of mortgage funds
- a Home purchase:
  at 30% to 40% of appraisal. 50% for better houses
- b Home building:
  none building
13 Trend of desirability next 10-15 years
- If mills employing these people keeps busy, the occupancy will stay high and the decline will be slower.
14 Clarifying remarks
15 Information for this form was obtained from