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Section 7-Private Sector - salisburync

Section 7-Private Sector - salisburync 2025

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Section VI of the document discusses fair housing and lending practices in Salisbury, NC, highlighting the importance of equal access to credit for home purchases and improvements. It reviews historical discriminatory practices in mortgage lending, legislative protections like the Community Reinvestment Act (CRA) and Home Mortgage Disclosure Act (HMDA), and analyzes lending patterns among different racial groups. The section reveals ongoing disparities in loan approvals, particularly affecting minorities, and addresses issues related to sub-prime and predatory lending. It concludes with an overview of foreclosure trends in Salisbury, emphasizing the economic factors influencing these disparities.

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What is R7 zoning in NC?

The R-7 is intended to establish low-density residential home sites with a minimum gross acreage of 7,000 square feet.

What is the main industry in Salisbury, NC?

Industries in Salisbury, NC: Salisbury is known for a variety of industries including manufacturing, healthcare, and retail trade. The city is home to Food Lion, a major supermarket chain, and several manufacturing companies.

Can you have chickens in Salisbury, NC?

Chickens are permitted within City limits as long as they are contained on the property.

Is Salisbury, North Carolina a good place to live?

Living in Salisbury offers residents a dense suburban feel and most residents rent their homes. In Salisbury there are a lot of parks. Many families, young professionals, and retirees live in Salisbury and residents tend to have moderate political views.

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