Vox: Elizabeth Warren has a plan to save capitalism
She’s unveiling a bill to make corporate governance great again.
Vox: Elizabeth Warren has a plan to save capitalism Read More »
She’s unveiling a bill to make corporate governance great again.
Vox: Elizabeth Warren has a plan to save capitalism Read More »
“We’re all for ideas to remove obstacles to inclusive communities, including regulatory burdens that stand in the way of desegregation,” said Jesse Van Tol, CEO for the National Community Reinvestment Coalition, in a statement. “But we’re concerned that HUD is taking action to remove regulations, while not meaningfully addressing America’s deep problems of segregation and inequality.”
CityLab: Ben Carson’s new push against fair-housing rules has a NIMBY twist Read More »
Since the financial crisis, 86 more banking deserts have emerged in rural areas, according to a recent report published by the National Community Reinvestment Coalition, which advocates for increasing access to financial services.
Project invites more “map twins” to discover what else they have in common besides similar addresses.
Next City: Chicago segregation mapping project makes real-life connections Read More »
Lending to problematic or serial evictors can cause people to be pushed out of their homes in the name of profits. Banks must adopt standards against this practice.
American Banker: Banks should do more to prevent renters from being displaced Read More »
HUD released an Advanced Notice of Proposed Rulemaking (ANPR) to reconsider HUD’s implementation of the Affirmatively Further Fair Housing (AFFH) rule.
HUD launches effort to replace Obama-era rule to end housing segregation Read More »
The Trump administration wants to shift the way it enforces an aspect of fair housing around the U.S., pivoting away from efforts to integrate lower-income housing into wealthier neighborhoods in favor of promoting more housing development overall.
The U.S. Department of Housing and Urban Development announced the change on Monday.
HUD will begin holding stakeholder hearings on how to change the way it determines whether communities are enforcing the Fair Housing Act, which requires local governments to institute policies that help break down patterns of housing segregation. HUD stakeholders include nonprofit groups, academic researchers and private businesses.
The Obama administration took steps to encourage the development of low-income housing in high-income neighborhoods. In an interview, HUD Secretary Ben Carson said he plans instead to focus on restrictive zoning codes. Stringent codes have limited home construction, thus driving up prices and making it more difficult for low-income families to afford homes, Mr. Carson said.
The shift is expected to derail a signature Obama-era accomplishment. HUD had aimed to use computer technology to make it easier for communities to comply with fair-housing rules and to make it easier for the federal government to check whether they were following those rules.
But local officials in some communities said the process was costly and amounted to the federal government forcing them to put low-cost rental buildings in wealthier areas.
The Wall Street Journal: HUD moves to shake up fair-housing enforcement Read More »
A new study analyzes Twitter data and finds that racial segregation not only divides us based on where we live, but how we travel around cities.
Citylab: The segregation of our everyday lives Read More »
Maybe not everyone who is white is a racist, but racism is what makes us white. Don’t sleep on this movie.
Oregonian, August 1, 2018: Southeast Portland tenants mount rent strike Tenants at a Southeast Portland apartment complex are mounting a rent strike after they say their landlord raised rents while failing to address maintenance concerns. Twenty-five residents of Holgate Manor, an 81-unit complex near Southeast 36th Place and Holgate Boulevard, say they won’t pay rent until a series
Oregonian: Southeast Portland tenants mount rent strike Read More »
Jelena McWilliams, chairman of the FDIC, says in her first interview since her swearing-in that she is ready to re-evaluate rules on bank capital, small-dollar loans and investments in low-income areas.
The Wall Street Journal: New FDIC leader joins push to re-evaluate banking rulebook Read More »
The trend of 20-somethings renting rather than buying is nothing new. But the age at which Americans switch to homeownership is getting older.
CityLab: Who rents their home in America? Here’s what the data says. Read More »
With the prices of steel and aluminum rising, it may only be a matter of time before prices on new homes go up, too.
The New York Times: How tariffs could make that new apartment more expensive Read More »
“It appears, at least in terms of accountability, that they’ve softened the touch — and we’re concerned about that,” said Jesse Van Tol, chief executive at the National Community Reinvestment Coalition.
American Banker: Less is more for OCC’s fintech financial inclusion plans Read More »
The rate of those 65 and older filing for bankruptcy is three times what it was in 1991, a new study finds, as more enter their later years in a precarious position.
The New York Times: ‘Too little too late’: Bankruptcy booms among older Americans Read More »