Long an outlier in Toronto’s feverish property wars, Parkdale’s deep-seated problems were being turned around by its Tibetan community – but then the huge global real estate firms rolled in.
A study of more than 100 cities nationwide shows neighborhoods subjected to discriminatory housing policies nearly a century ago are hotter today than other areas.
NPR: Racist Housing Practices From The 1930s Linked To Hotter Neighborhoods Today Read More »
Despite bringing in $200,000 in profits, year after year, Freddie Lee James still can’t get a business loan. Black owners’ applications are rejected at twice the rate of whites owners’.
St. Louis Public Radio: Black Business Owners Face An Uphill Battle Securing Bank Loans Read More »
The 1619 Project, a multiplatform effort by journalist Nikole Hannah-Jones and The New York Times, highlights the fundamental role slavery played in the United States’ development by commemorating the year in which the first enslaved Africans were brought to the new Virginia colony.
Zinn Education Project: Teaching with New York Times 1619 Project Read More »
The U.S. Department of Housing and Urban Development (HUD) published today and opened up for public comments a plan to radically change the AFFH rule.
Comment Period for AFFH Notice of Proposed Rulemaking Now Open Read More »
US Department of Homeland Security officials will share individual citizenship data with the Census Bureau, according to a recent privacy notice from the department.
CNN: Homeland Security Department To Provide Individual Citizenship Data To Census Read More »
The map illustrates data sets for highway, bridge, and transit prospects in opportunity zones.
Roads&Bridges: U.S. DOT Interactive Map Encourages Investment In Underserved Communities Read More »
The Senate on Tuesday confirmed Jovita Carranza to head President Trump’s Small Business Administration (SBA).
The Hill: Senate Confirms Trump Pick For Small Business Chief Read More »
Multiple causes call for policies to reduce building costs, provide incentives and encourage flexibility.
The Washington Post: The Conundrum Affordable Housing Poses For The Nation Read More »
A JPMorgan employee and a customer secretly recorded their conversations with bank employees.
A JPMorgan employee and a customer secretly recorded their conversations with bank employees
The New York Times: This Is What Racism Sounds Like In The Banking Industry Read More »
In California, the ride-hailing company is changing a policy used as a safeguard against driver discrimination against low-income and minority riders.
CityLab: Did Uber Just Enable Discrimination by Destination? Read More »
For decades, the U.S. has required banks to steer a portion of their money to people in poor neighborhoods. Now, under proposed rule changes, banks may finance upgrades to sports stadiums, call it helping the poor — and potentially even get a generous tax break.
Bloomberg: Banks May Get Leeway To Label NFL Stadium Funding As Aid To Poor Read More »
“The OCC’s approach to this has been to barrel in without building consensus first on how to proceed,” said Jesse Van Tol, CEO of the National Community Reinvestment Coalition. He raised the possibility that the FDIC’s support could be contingent on some kind of carve-out for smaller banks. “It will be telling if the FDIC signs on with a clause to let their banks opt out. Talk about a vote of confidence.”
American Banker: Four Big Questions As CRA Proposal Nears Official Release Read More »
As the doubts clear, more and more actors in international development need to come around to the insight that the simplest, cleanest intervention often has the greatest effect.
If private equity is to work to the benefit of all stakeholders, then Congress needs to demonstrate the same talent for making markets work that bad actors on Wall Street have shown for sabotaging them.
