Town of Arlington, Fair Housing Action Plan (July 2021)

Citation: Town of Arlington, Fair Housing Action Plan (July 2021)
Jurisdiction: Arlington (municipal)
Source: Official source
Original Source: https://www.arlingtonma.gov/home/showpublisheddocument/57214/637641171662530000 ↗

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ARLINGTON COMPARISON REGION
Applications Denial Rate Applications Denial Rate
LOWEST-INCOME ($0 - $24,999) 1 100.0% 215 54.0%
LOWER-INCOME ($25,000 - $74,999) 234 12.4% 13,206 14.4%
MODERATE-INCOME ($75,000 - $124,999) 829 5.7% 23,510 8.5%
HIGH-INCOME ($125,000 +) 1,982 3.6% 45,893 6.0%
N/A 119 5,651
TOTAL 3,165 4.8% 88,475

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Arlington Fair Housing Action Plan

Except for the lowest-income category, where Arlington only had one applicant, Arlington’s denial rate was
consistently lower than the denial rates in the comparison region. The town’s overall denial rate (combining all
income categories) of 4.8% is the lowest of any other municipality in the comparison region, which ranges from
Arlington to Everett (14.7%). In other words, those who do apply for a loan in Arlington are more likely to be
successful than in the region overall, regardless of income.
Loan application volume and denial rates by income suggest, as might be expected, that higher income
applicants are more likely to apply for loans and more likely to be approved for those loans. Because many
protected classes have lower incomes than the general population, this disparity in access to homebuying likely
impacts protected classes more than the general population. Protected classes broken out in HMDA data are
discussed in further detail below.