We been there, done that. Only Congress, Barney Frank et al forced banks and lenders to do it. Ended up with the the credit derivative crisis that cost us trillions.
You cannot loan money based on color or ethnic origin. It’s all about the ability to qualify financially, make payments and keep making them. Not to mention loaning money to minority hucksters to fix up a house and then walk off with the cash.
Just asking for trouble.
I remember a Sopranos episode about this very thing lol.