NCRC

The Denver Post, February 6, 2024, U.S. Department Of Education Opens Two Investigations Into Allegations Of Racial Discrimination At Denver Public Schools The US Department of Education’s Office for Civil Rights is investigating allegations that Denver Public Schools discriminated against students and others based on their race when it formed a committee to review the […]

Yahoo Finance, February 7, 2024, New York Community Bancorp Stock Slides Amid Warnings Over ‘Governance Risk’ New York Community Bancorp shares fell 9.5% before the bell on Wednesday, bracing for another challenging trading session after analysts expressed caution about “governance risks” at the bank. Investors have fled the stock since the lender last week reported

Newsweek, February 5, 2024, Housing Market Sales ‘Crash’ Amid Real-Estate Recession Warning After booming for two years during the pandemic, the U.S. housing market experienced a significant price correction between late summer 2022 and spring 2023. Higher mortgage rates—which last year reached two-decade highs—caused demand to plummet and prices to slide across the country, something that led

Bloomberg, February 4, 2024, Why NYC Apartment Buildings Are On Sale Now For 50% Off For landlords the playbook had long been simple and lucrative. Buy run-down buildings that are, in New York lingo, rent-stabilized. Fix them up. Pass along the expense to tenants by raising rents, which was allowed under the regulations. Cash out.

Fox Business, February 1, 2024, Rising Costs Of Housing Pushing Millennials To Make ‘Drastic Sacrifices’ By Living In Vans For Years Younger people are opting to live in cost-effective vans and showcase their tiny living quarters on TikTok to the fascination of the internet.  Michael Alberse, a TikToker with 57,000 followers, moved into a van

Next City, February 1, 2024, Gentrification’s Roots In The Post-Industrial City Thus in San José, one of the richest cities in the United States, the “capital” of a region whose name is popularly associated with opportunity and young wealth, the average service industry worker’s salary of $35,241 is shockingly close to the $25,800 it costs

Tampa Bay Times, February 2, 2024, How Corporate Investors Are Taking Over Tampa Bay’s Neighborhoods Housing in Tampa Bay is becoming increasingly corporate-owned, a Tampa Bay Times analysis has found. Large companies have amassed around 27,000 homes across three counties. More than 70% of these properties are linked to institutional investors backed by Wall Street

KJZZ, February 1, 2024, From Drug-Exposed Babies To At-Risk Students, How AZ Marijuana Money Is Helping Nonprofits A very small cut from every recreational marijuana sale in Arizona gets set aside for what Proposition 207 authors described as justice reinvestment. The state treasury has put more than $26 million into a namesake fund. Now health officials

The Hill, February 5, 2024, This Florida Mall Has Gucci, Prada…And Soon, Affordable Housing? In Bal Harbour, Fla., an oceanside village north of Miami Beach, a luxury mall says it wants to help tackle one of the nation’s — and Florida’s — most intractable problems: a lack of affordable housing. It is an unexpected move

The Hill, February 4, 2024, ‘The US Is On An Unsustainable Fiscal Path’ “The US federal government’s on an unsustainable fiscal path. And that just means that the debt is growing faster than the economy. So, it is unsustainable. I don’t think that’s at all controversial,” Powell said when asked if the national debt is

DCist, February 1, 2024, Civil Rights Group Sues D.C. Landlord For Allegedly Discriminating Against Voucher Holders A civil rights organization filed a lawsuit Thursday against national real estate group AIR Communities, alleging that the company discriminates against prospective renters with housing vouchers, criminal records, and histories of eviction.  The complaint alleges that AIR Communities explicitly

Next City, February 1, 2024, They Bought An Apartment Building In D.C. Now They’re Turning It Into An Affordable Housing Co-op One project in DC is poised to defy these odds, thanks to robust tenant organizing and a critical mass of mostly small-dollar donations. But a hefty loan to repay, along with mounting interest, could

The Guardian, January 29, 2024, How A Black Miami Neighborhood Became “Ground Zero” For Climate Gentrification In 2015, Miami-Dade county officials announced a $74m development project aimed at revitalizing the historically Black neighborhood in the north-west of the city. The plan was to raze Liberty Square, the dilapidated housing project in the heart of the neighborhood, and

PBS Wisconsin, January 31, 2024, Milwaukee County Banned Section 8 Housing Voucher Discrimination, But Landlords Still Do It Milwaukee County in 2018 banned landlords from categorically rejecting recipients of housing assistance. More than five years later the county’s Office of Corporation Counsel, which is supposed to enforce the protections, says it has yet to receive

Bloomberg, January 29, 2024, Can A National Zoning Atlas Chart A Way Out Of The US Housing Crisis? Two years ago, a Montana think tank called the Frontier Institute released a new tool to help push the group’s advocacy for pro-housing reforms: a zoning atlas, one of the first of its kind. The atlas used parcel-level