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The Washington Post: In expensive cities, rents fall for the rich — but rise for the poor

The Washington Post, August 6, 2018: In expensive cities, rents fall for the rich — but rise for the poor U.S. cities struggling with soaring housing costs have found some success in lowering rents this year, but that relief has not reached the renters most at risk of losing their housing. Nationally, the pace of rent

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The New York Times: Review: ‘Blindspotting’ walks a tense line in a gentrifying Oakland

The opening credits of “Blindspotting” showcase the city of Oakland, Calif., in split-screen, offering two distinctive points of view. One side shows a vibrant multiracial culture living in a frequently beleaguered environment; the other a gentrifying city whose newest residents — young, white, start-up-happy, new-money types — seem eager to embrace the area’s “authenticity,” as long as their interactions with its longtime residents don’t involve any real discomfort.

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The Wall Street Journal: Wells Fargo reaches $2.09 billion settlement over mortgage-backed securities

The Wall Street Journal, : Wells Fargo reaches $2.09 billion settlement over mortgage-backed securities Wells Fargo. agreed to pay $2.09 billion to settle with the Justice Department over the sale of toxic mortgage-backed securities during the financial crisis. The Justice Department said Wednesday it reached a civil settlement with Wells Fargo to end the long-running probe

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Next City: Raising the bar for local economic impact of affordable housing

With its office about two and a half miles away in another part of Brooklyn, Williams’ JW Electric Corp. is a certified minority-owned subcontractor hired to set up the building’s electricity. The firm got $5.1 million in subcontracts for CAMBA Gardens II, its largest contract since Williams founded the business in 2002. The project employed up to 25 of his workers — most of them Brooklyn residents.

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