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On Our Radar

A curated collection of links to news, analysis, trends, ideas and views from elsewhere.

Opportunity Finance Network: Weigh in on the Future of the Community Reinvestment Act

The March 9 deadline is fast approaching for members of the public to submit comments to the Office of the Comptroller of the Currency (OCC) and Federal Deposit Insurance Corporation (FDIC) regarding proposed changes to the Community Reinvestment Act (CRA) regulations.

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Oregon Public Broadcasting: A 1st-Of-Its-Kind Affordable Housing Community For Native Americans Opens In Portland

“We have a lot of tribal members that live here in Portland, that have lived here for generations and we are able to provide housing for some of them,” Delores Pigsley, chair of the Confederated Tribes of Siletz Indians said during a ribbon-cutting ceremony.

Oregon Public Broadcasting: A 1st-Of-Its-Kind Affordable Housing Community For Native Americans Opens In Portland Read More »

Bloomberg: Behind Amazon’s HQ2 Fiasco: Jeff Bezos Was Jealous of Elon Musk

When Elon Musk secured $1.3 billion from Nevada in 2014 to open a gigantic battery plant, Jeff Bezos noticed. In meetings, the Amazon.com Inc. chief expressed envy for how Musk had pitted five Western states against one another in a bidding war for thousands of manufacturing jobs; he wondered why Amazon was okay with accepting comparatively trifling incentives.

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Business Insider: For years banks have asked for 20% down on a mortgage, but cash-strapped Americans are buying homes with less

For many young Americans struggling with student-loan payments, higher rent costs and relatively stagnant salaries, saving a fifth of a home’s value to get a mortgage simply isn’t on the radar.

Business Insider: For years banks have asked for 20% down on a mortgage, but cash-strapped Americans are buying homes with less Read More »

Yahoo! Finance: Fed to pare back ‘Volcker rule’ to expand bank investment in venture capital, securitized loans

“I am concerned that several of the proposed changes will weaken core protections in the Volcker rule and enable banking firms again to engage in high-risk activities related to covered funds,” Governor Lael Brainard said.

Yahoo! Finance: Fed to pare back ‘Volcker rule’ to expand bank investment in venture capital, securitized loans Read More »

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