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NPR: As Rising Heat Bakes U.S. Cities, The Poor Often Feel It Most

Across Baltimore, the hottest areas tend to be the poorest and that pattern is not unusual. In dozens of major U.S. cities, low-income neighborhoods are more likely to be hotter than their wealthier counterparts, according to a joint investigation by NPR and the University of Maryland’s Howard Center for Investigative Journalism.

NPR: As Rising Heat Bakes U.S. Cities, The Poor Often Feel It Most Read More »

The Washington Post: Region’s elected officials urge their governments to commit to affordable-housing targets

Washington-area elected officials voted Wednesday to push their local governments to address the region’s affordable-housing shortage by setting individual targets to increase production of low- and medium-cost housing by 2

The Washington Post: Region’s elected officials urge their governments to commit to affordable-housing targets Read More »

Vanity Fair: Trump wants to make mortgages more expensive for minorities

While the administration says affordable housing goals would be replaced with a more “efficient, transparent, and accountable mechanism,” like a fee that would go to HUD to promote affordable housing, consumer and civil rights groups are suspicious. “Essentially they are trying to shrink the government footprint in the market and introduce private guarantors that won’t have the same obligations as Fannie Mae and Freddie Mac,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition.

Vanity Fair: Trump wants to make mortgages more expensive for minorities Read More »

The New York Times: Study shows income gap between rich and poor keeps growing, with deadly effects

The expanding gap between rich and poor is not only widening the gulf in incomes and wealth in America. It is helping the rich lead longer lives, while cutting short the lives of those who are struggling, according to a study released this week by the Government Accountability Office.

The New York Times: Study shows income gap between rich and poor keeps growing, with deadly effects Read More »

Public News Service: Seniors make up growing segment of Arizona’s homeless

Wendy Johnson, executive director of the JUSTA Center, a seniors-only facility in Phoenix with temporary housing and services to help people rebuild their lives, said the center assisted about 250 seniors in 2015 but is on track to help almost 1,200 this year. Still, it’s tough to increase capacity.

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ValueWalk: Activists demand regulators to issue uniform CRA regulations

In a letter from the National Community Reinvestment Coalition and 27 other organizations, the coalition urged the Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation to not twist a desire for greater clarity and consistency into a dollar volume metric that would not be meaningful for local communities.

ValueWalk: Activists demand regulators to issue uniform CRA regulations Read More »

RealEstateRama: Don’t disrupt lending or increase the cost of housing: Civil rights coalition warns against White House plan for housing finance reform

The National Urban League, Center for Responsible Lending, Leadership Conference on Civil and Human Rights, NAACP, National Coalition for Asian Pacific American Community Development, National Fair Housing Alliance, UnidosUS, National Community Reinvestment Coalition and the NAACP Legal Defense and Education Fund, Inc. released the following joint statement.

RealEstateRama: Don’t disrupt lending or increase the cost of housing: Civil rights coalition warns against White House plan for housing finance reform Read More »

The Washington Post: Trump’s housing finance plan will make mortgages more expensive, especially for black borrowers, housing groups say

“Essentially they are trying to shrink the government footprint in the market and introduce private guarantors that won’t have the same obligations as Fannie Mae and Freddie Mac,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition.

The Washington Post: Trump’s housing finance plan will make mortgages more expensive, especially for black borrowers, housing groups say Read More »

McKnight’s Senior Living: Treasury proposes privatizing Fannie Mae, Freddie Mac

“Adding new private guarantors to the housing finance system and privatizing Fannie and Freddie would not only increase costs, but will incentivize guarantors to chase the most lucrative markets and serve only the most profitable borrowers or regions of the country. Such a scenario would enable taxpayer-backed companies to evade their duty to serve the entire market, including urban and rural areas,” the groups said Thursday in a joint statement.

Issuing the statement were the Center for Responsible Lending, National Urban League, National Fair Housing Alliance, National Community Reinvestment Coalition, Leadership Conference on Civil and Human Rights, NAACP, National Coalition for Asian Pacific American Community Development, UnidosUS (formerly the National Council of La Raza) and the NAACP Legal Defense and Education Fund.

McKnight’s Senior Living: Treasury proposes privatizing Fannie Mae, Freddie Mac Read More »

The New Yorker: Student debt is transforming the American family

From the late nineteen-eighties to the present, college tuition has increased at a rate four times that of inflation, and eight times that of household income. It has been estimated that forty-five million people in the United States hold educational debt totalling roughly $1.5 trillion—more than what Americans owe on their credit cards or auto loans. Some fear that the student-debt “bubble” will be the next to burst. Wide-scale student-debt forgiveness no longer seems radical. Meanwhile, skeptics question the very purpose of college and its degree system. Maybe what pundits dismiss as the impulsive rage of young college students is actually an expression of powerlessness, as they anticipate a future defined by indebtedness.

The New Yorker: Student debt is transforming the American family Read More »

NPR: As rising heat bakes US cities, the poor often feel it most

Across Baltimore, the hottest areas tend to be the poorest and that pattern is not unusual. In dozens of major U.S. cities, low-income neighborhoods are more likely to be hotter than their wealthier counterparts, according to a joint investigation by NPR and the University of Maryland’s Howard Center for Investigative Journalism.

NPR: As rising heat bakes US cities, the poor often feel it most Read More »

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