Analysis and points of view on research, trends, issues, ideas and opportunities.
The Paycheck Protection Program (PPP) was a small business lending program created by Congress in 2020 to provide loans to save businesses from the economic impacts of the COVID-19 pandemic. There were two characteristics of this program that made it unique. First, a PPP loan could convert to a forgivable grant if the business spent …
Business Structure of Small Businesses May Matter More Than We Knew Read More »
If the Federal Deposit Insurance Corporation (FDIC) approves Rakuten Bank America’s application for an industrial loan company (ILC) charter, it would trigger a cascading series of problems that would add risk to our banking system at a time when all federal agencies should focus on reorienting the country toward an equitable recovery and a just …
The FDIC Should Prevent Rakuten From Getting A Banking Charter Read More »
The number of non-English-speaking US residents rises each year, contributing to a growing problem of miscommunication and understanding. While language barriers are faced practically everywhere, they are especially prevalent and can have dangerous and even fatal consequences in the healthcare sector.
As with many other issues which cause financial and health disparities for those who are low-income, the sleep gap is cyclical, and until it is solved it will continue to wreak havoc on the wellbeing of financially disadvantaged minorities and communities.
A systemic approach is needed if decades of systemic racism in housing is to be successfully combated, according to the authors of a new compendium of essays published by the Poverty and Race Research Action Council (PRRAC).
With a growing elderly population, projected to nearly double from 52 million to 95 million in the next 40 years, age-friendly banking is more important than ever.
Wealth equity is intrinsically tied to health equity. Hospitals and health systems are stepping into the community development arena more frequently as there are many opportunities for them to partner with banks and other financial institutions to reduce economic disparities that could reduce health disparities.
Where you live is one of the most significant components of overall health outcomes and life expectancy. Up to 60% of your health is determined solely by your zip code.
On Juneteenth, June 19, we celebrate and reflect on the end of slavery in the U.S. Juneteenth also reminds us to be critical of how progress is measured.
Housing discrimination and sexual harassment often overlap and create additional barriers for women in accessing and maintaining safe and affordable housing.
America should not only promise but deliver to all Americans opportunities to build wealth and live well. The Just Economy Pledge is a starting point.
While Greenwood (aka the Black Wall Street) was literally set to flames in 1921, the veiled injustices that Black small businesses fight today are equally cruel and threaten not only the economic well being of Black people but the culture and history of Black neighborhoods.
NCRC would like to thank Subcommittee Chair Al Green and Chair Maxine Waters for their leadership on this issue and urges the passage of this important legislation without delay.
The lack of equity in income and wealth shapes the way women of color can respond to social and financial crises, sometimes escalating minor financial setbacks into an array of economic hardships which make a recovery difficult. Women of color are, unfortunately, at the center of economic inequality and most in need of paid leave and wage increases.
How is your stress level? Are you feeling anxious? If you answered pretty high or yes, you are not alone. The pandemic’s impact on mental health is significant and well-documented.
