The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first.
The federal agency just launched a feel-good photoblog called “Humans of HUD.” Just what are these portraits of real-life housing aid recipients telling us?
City Lab: What HUD sees Read More »
Having spent $120 million and signed up 6 million people, Tom Steyer has assembled, in a year, an organization with more reach than the NRA.
The Atlantic: How Tom Steyer built the biggest political machine you’ve never heard of Read More »
The NCRC is part of an association of community organizations that “promote access to banking services, affordable housing, entrepreneurship [and] job creation.”
The Washington Post: More broken promises on returning citizens Read More »
“Job growth is not sufficient by itself to create upward mobility,” said Harvard Economist, Raj Chetty.
AP: Job growth is found to be no cure for a community’s poverty Read More »
“There’s very little in the way of ensuring that the social impact of what comes out of this is beneficial to low-income communities,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
“State and local governments could play a role in increasing life expectancies,” writes Professor Jessica Young.
Fast Company: Being born in the wrong ZIP code can shorten your life Read More »
“Unfortunately, under your leadership,” Frotman wrote to his boss, Mick Mulvaney, “the Bureau has abandoned the very consumers it is tasked by Congress with protecting. Instead, you have used the Bureau to serve the wishes of the most powerful financial companies in America.”
NPR: Why public service loan forgiveness is so unforgiving Read More »
Former Vice President Joe Biden was honored alongside Rev. Jesse Jackson and philanthropist Pitt Hyde with Freedom Awards from the National Civil Rights Museum.
The Hill: Biden, Jackson receive Freedom Awards from National Civil Rights Museum Read More »
T-Mobile and digital-only bank BankMobile are joining forces on a financial services offering for the wireless provider’s customers.
Digiday: T-Mobile is working with a digital bank to offer financial services Read More »
US. In impact investing, the creative economy is virtually invisible; in 2015, the Global Impact Investing Network showed that 0 percent of impact investment is in the arts and culture sector.
“There’s big money being invested and big money being made, but it is not, by any stretch of the imagination, being shared equitably by the people of Boston,” says Brian Golden, director of the Boston Planning and Development Agency.
Next City: Boston wants to build inclusion into its construction boom Read More »
New paper by Prosperity Now and ITEP reveals 80 percent of cuts goes to white households.
A smarter look at America’s divide.
The New York Times: The rich white civil war Read More »
“It’s always been a surprise to me that housing doesn’t receive more attention in federal elections, and I think this is the year that changes that,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition.
The Hill: Affordable housing set for spotlight of next presidential campaign Read More »
