State bank regulators on Thursday will sue a federal agency that they say is overstepping its bounds by offering national bank charters to financial technology startups.
Politico: State regulators set to renew legal fight over federal charter for fintechs Read More »
NCRC president and founder John Taylor said the program, called Where We Live, is a “seminal moment for D.C.” He noted that people growing up in public housing and blighted neighborhoods are often shut out from the formal economy.
The Hill: DC groups announce push to invest in affordable housing, small business Read More »
Trump is not the reason she’s running, she says, even if he was “a catalyst in some ways” to her getting involved. She wants to give people something to vote for, not against, she said.
Public education and its traditions united communities. But “school choice” could put that legacy at risk.
The Atlantic: How high schools shaped American cities Read More »
“This is an important step by Wells Fargo to expand its investment in the District, and to listen and work more closely with community groups,” said John Taylor, President and founder of NCRC.
Consumers with a low FICO could get a higher UltraFICO, a new score that factors in bank-account activity as well as loan payments.
“The Where We Live program is rooted in two things: investments that help people live, work and thrive, and a deep understanding that neighborhoods need long-term partners,” said John Taylor, President and founder of NCRC.
American Banker: Wells Fargo to commit $1.6B in D.C. for neighborhood investment Read More »
Wells Fargo triples its philanthropy in DC and launches a community advisory council to guide its giving there in a new initiative developed with NCRC.
By picking one promising kid in a neighborhood to give a scholarship, you’re not really changing the structures and systems that shape lives.
The New York Times: The neighborhood is the unit of change Read More »
“If you want to help fight back, go to the National Community Reinvestment Coalition’s website (ncrc.org), where you will find resources to help you comment on the proposed rules. It will only take a few minutes and, I assure you, it will make a huge difference.”
Poorer people are less likely to go straight to a news site, and the researchers found no online news brand that was read by significantly more poorer people than wealthier people.
In America’s tech capital, the rich are getting richer and the poor are getting poorer.
The opportunity zones come with several tax advantages. Capital gains placed in a certified opportunity zone fund will not be taxed through the end of 2026 or when the investment is sold, whichever comes first.
The federal agency just launched a feel-good photoblog called “Humans of HUD.” Just what are these portraits of real-life housing aid recipients telling us?
City Lab: What HUD sees Read More »
