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Business Insider: ‘Being poor in America is a full-time job’: The astronomical cost of banking while poor
Constant says payday loans systematically oppress low-income Americans.
Bloomberg: Frozen Wells Fargo Bonuses Show a Peril for Bankers After Crisis
There’s an irony in the situation at Wells Fargo. The bank largely skated through the 2008 credit crisis that upended Wall Street and shifted pay practices across the industry. Now its executives are feeling the brunt of those changes.
Bloomberg: Frozen Wells Fargo Bonuses Show a Peril for Bankers After Crisis Read More »
NPR: Connecticut School Board Reinstates Mascot Native Americans Called Demeaning
“The Nipmuc Nation Tribal Council has very publicly decried the use of Native American mascots, even when the organization using said mascots believes that they are in some way flattering or used as a means of honoring Native Americans,” wrote Nipmuc Nation Tribal Council Chairman Kenneth Gould Sr. in a letter to the board.
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The Washington Post: Sacred Native American burial sites are being blown up for Trump’s border wall, lawmaker says
“[T]he Nation categorically opposes the barrier construction projects, because they directly harm and threaten both the lands currently reserved for the Nation … and its ancestral lands that extend along the international boundary in Arizona,” Ned Norris Jr., chairman of the Tohono O’odham Nation, said in an accompanying letter to CBP’s Tucson sector chief.
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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City Limits: This Year, Running for President Means Talking About the Housing Crisis
Affordable for whom? It is not just a question from communities within the footprint of every proposed rezoning in New York City. It is a question that is being asked across the nation.
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The New York Times: Let’s Quit Fetishizing the Single-Family Home
California’s lawmakers once again failed to allow more housing in the state. They’re afraid to accept the single-family home is outdated.
The New York Times: Let’s Quit Fetishizing the Single-Family Home Read More »
The New York Times: Iowa Caucus Results Riddled With Errors and Inconsistencies
The mistakes do not appear intentional, but they raise questions about whether there will ever be a completely precise accounting.
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Proposed Changes to CRA Puts Billions in Lending at Risk Each Year
Nearly $3 trillion in home and small business loans from banks went to low- and moderate-income (LMI) borrowers and communities over the last decade. Proposed changes to the Community Reinvestment Act (CRA), which requires banks to make loans in all of the communities where they take deposits, including poor ones, could significantly decrease this lending,
Proposed Changes to CRA Puts Billions in Lending at Risk Each Year Read More »
Qualified Opportunity Zones 2018 & Gentrified Neighborhoods 2000 – 2017
Gentrification and Opportunity Zones Instructions for use:Census tracts that were eligible or which gentrified between 2000 and 2017 are highlighted in gray on the map. Click on any neighborhood for further details. Opportunity Zones were designated by the Tax Cut and Jobs Act of 2017. Without a better understanding of the investments flowing into Opportunity
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Amanda Palmer
Communications Manager, CDFI apalmer@ncrc.org 202-464-2703 Amanda Palmer serves as the Communications Manager, CDFI. Prior to joining NCRC, Amanda worked at Credible Behavioral Health, Inc. as the Executive Assistant to Chief Executive Officer and Executive Vice President. She has over 15 years’ experience working in various industries, including nonprofit and healthcare. She received her bachelor’s degree
Trump’s Annual Budget Proposal Bad for Economic Justice
Today, the Trump Administration released its FY 2021 budget proposal, which would either eliminate or drastically reduce funding for numerous federal housing and community development programs that help lower-income families climb into the middle class.
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Rural America Is Also Facing An Affordable Housing Crisis
People experiencing homelessness in rural areas are often referred to as the “hidden homeless.”
Rural America Is Also Facing An Affordable Housing Crisis Read More »
The New York Times: 1 in 5 Mothers Gets Postpartum Depression. New York City Plans to Help.
Every first-time parent in the city will soon be eligible to receive as many as six home visits from professionals.