NCRC

33 percent rent increases and bidding wars on rentals are the new norm in some parts of America as reopening comes with big price hikes

The bank is shutting down all existing personal lines of credit in coming weeks and has stopped offering the product, according to customer letters reviewed by CNBC.

The city of Baltimore awarded more than 30 organizations with nearly $6 million in grant money to help in their efforts to revitalize overlooked neighborhoods throughout the city.

Schools, particularly at the kindergarten-to-12th-grade level, are responsible for helping turn students into well-informed and discerning citizens. At their best, our nation’s schools equip young minds to grapple with complexity and navigate our differences. At their worst, they resemble indoctrination factories.

The shortage of affordable homes for sale is boosting housing prices and forcing potential buyers to compete for a shrinking supply of properties. Without policy changes, this housing shortage will restrain homeownership, further drive up prices, and limit opportunities for equitable economic growth. 

The mayors of Akron, Dayton and Lancaster as well as others from the Ohio Mayors Alliance are pushing congress to pass a federal infrastructure plan revealed last week.

Redlining, or housing discrimination by denying services to minority neighborhoods, has been illegal for over half a century. But it just keeps happening.

Even with more Americans tackling systemic racism, including the Biden administration making racial equity a priority, the homeownership gap between Black and white Americans continues to grow, widening the racial wealth gap and other economic disparities. At all income levels, white households have a higher overall homeownership rate than Black households, and similar disparities exist when accounting for education. Black households that have a bachelor’s degree or an advanced degree are less likely to own their own home than a white household that lacks a high school diploma. Structural barriers may limit the benefits of education for Black graduates, who bear higher debt burdens, which may also affect homeownership. Even though overtly racist lending practices have been made illegal, their legacies persist in housing, contributing to a growing modern-day disparity.

The lawmakers are calling on the Department of Health and Human Services (HHS) and the Department of Justice (DOJ) to provide information about data the agencies collect on the prevalence of guardianship in the U.S, any efforts the agencies have made to protect people under guardianship and ways Congress can improve federal collection of guardianship data.