Milwaukee Journal Sentinel: 2019 Affordable Housing Forum highlights new study on ex-offenders’ access to stable housing
Finding affordable housing for average Wisconsin residents can be difficult; for ex-offenders, it’s even harder.
ABA Banking Journal: A ‘housing first’ approach to homelessness
As the name implies, “housing first” is an approach to homeless assistance that focuses on providing permanent housing solutions to people without preconditions or requirements that mandate a person graduate through a series of service programs or prove “housing readiness” before they can access housing. The model reverses more traditional programming in that it views the client’s basic needs—such as food and a place to live—as paramount to addressing peripheral challenges such as substance abuse or finding a job.
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The New York Times: Three North Carolina judges step in where the Supreme Court refuses
The Supreme Court’s conservatives said gerrymandering was not a matter for courts, leaving the job of protecting democratic self-rule to state judges.
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The Washington Post: What American workers need most
For many Americans, owning a home is out of reach. The transition is threatening the fabric of our country. We need to change course.
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The Washington Post: DC region’s leaders face big challenges as they tackle affordable-housing shortage
A new report issued Wednesday says the Washington region needs to add a whopping 374,000 housing units by 2030. Officials say that’s about 30% more than expected at present.
Letter to regulators on CRA regulatory actions
September 9, 2019 The Honorable Jerome H. Powell Chairman, Federal Reserve Board of Governors 20th Street and Constitution Avenue NW Washington, DC 20551 The Honorable Joseph Otting Comptroller of the Currency 400 7th St SW Washington, DC 20219 The Honorable Jelena McWilliams Chairman, Federal Deposit Insurance Corporation 550 17th Street, NW Washington, DC 20429 Dear
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The Washington Post: Banking while black: Minority business owners with better credit scores than white counterparts face worse treatment and more scrutiny
“It’s a cultural, civil rights and business problem that should be relegated to history, but instead it’s still a factor in who gets access to capital,” said Jesse Van Tol, chief executive of the National Community Reinvestment Coalition. “This is exacerbating the nation’s profound racial wealth divide.”
York Daily Record: Redlining in York: How government policies kept African Americans poor and segregated
National Community Reinvestment Coalition says that redlining buttressed the segregated nature of cities.
The New York Times: How a Trump tax break to help poor communities became a windfall for the rich
The Trump administration’s signature plan to lift cities and help low-income areas — has fueled a wave of developments financed by and built for the wealthiest Americans.
WASHINGTON BUSINESS JOURNAL: As D.C.-area housing market booms, researchers warn 220,000 families could be displaced
The analysis, released Wednesday and crafted in tandem with the Greater Washington Partnership, comes as part of a broader study of the region’s “Future Housing Needs.”
York Dispatch: EDITORIAL: Latest Trump salvo targets fair housing
“HUD’s proposal makes it far more difficult for those injured by stealth discriminatory policies to prove discrimination,” community-investment organizer Jesse Van Tol told ABC News. “The bar was already set high and HUD‘s proposal would put it in the stratosphere — it really strains credulity.”
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JD SUPRA: House Financial Services Subcommittee on Oversight and Investigations to hold Sept. 4 hearing on financial inclusion
The memo from the Committee’s Majority Staff to Committee Members states that the hearing “will examine access to affordable housing, credit, and banking services in low and moderate-income (“LMI”) neighborhoods.”
HousingWire: September Kudos: Celebrating milestones, launches and awards in the mortgage industry
Truist Bank announces $60 billion community investment plan.
The Washington Post: Battle of the DC underpass: Art parks vs. tent cities
In a span of 13 years, more than 20,000 African American Washingtonians have been booted by primarily white, high-income new residents, according to a study by the National Community Reinvestment Coalition.
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The DC Line: DCHFA invests in ward 7 with funding of the Solstice II
The District of Columbia Housing Finance Agency (DCHFA) ended the month of August by funding a third development in Ward 7.
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