Detroit Metro Times, July 19, 2023, Rising costs and gentrification force locals out of Detroit’s downtown and Midtown Over the past decade, the cost to live in many parts of Detroit has sharply increased, beginning in downtown and Midtown and spreading to Lafayette Park, the North End, Corktown, Southwest Detroit, Brush Park, and the area […]
San Francisco Standard, July 14, 2023, Here’s the Last Bank Standing in This Historic Black Neighborhood in San Francisco The Wells Fargo branch at 3801 Third St. is the last financial institution left on the Bayview’s main commercial corridor after the closure of the U.S. Bank earlier this month. The next closest bank branch is the Bank
Housing Wire, July 26, 2023, Homelessness is not an unsolvable problem While many people think mental health issues are a main driver of homelessness, Marisa Calderon, chief of community finance and mobility at the National Community Reinvestment Coalition and executive director at the NCRC Community Development Fund, said in an interview with HousingWire that homelessness is increasingly
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NonProfit Quarterly, July 26, 2023, Containing Gentrification: A Story from the Nation’s Capital Gentrification is a complex and sensitive issue facing residents in many US cities. In Washington, DC, the gentrification process has been extraordinarily pronounced—with metro neighborhoods showing among the greatest level of resident displacement of any US city. A 2019 study by NCRC found that between
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Social Policy, July 21, 2023, Community Benefits Agreements at the Forefront of Anti-Gentrification Initiatives If gentrification is the bogeyman in today’s community development advocacy circles, community benefit agreements (CBAs) appear to be the elixir, or at least one of them. Gentrification, of course, is little more than the current name for a process of uneven
Orlando Business Journal, July 14, 2023, Bank of America sells closed branch in Orlando as news breaks of national $250M payout Bank of America has sold one of its closed branches in south Orlando. The Charlotte, North Carolina-based bank (NYSE: BAC) sold a 3.67-acre property with a 6,331-square-foot branch at 2293 W. Sand Lake Road
Small business owners deserve the clarity and confidence that the CFPB’s Section 1071 rules will bring to the market for small business loans.
Chief Financial Officer National Community Reinvestment Coalition Washington, DC The National Community Reinvestment Coalition is seeking a dynamic, experienced person to lead the organization’s complex financial operations which include a 501c3 nonprofit, a community development financing institution, and related entities. The Chief Financial Officer will have the opportunity to build financial systems and accounting operations and,
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Anyone who wants to build a more just economy should be aware of this tactic and ready to fight it – not just on Section 1071 but on other big pending reforms.
(Download) July 25, 2023 The Honorable Patrick McHenry Chairman House Financial Services Committee 2134 Rayburn House Office Building Washington, DC 20515 The Honorable Sherrod Brown Chairman Senate Banking Committee 503 Hart Senate Office Building Washington, DC 20510 The Honorable Maxine Waters Ranking Member House Financial Services Committee 2221 Rayburn House Office Building Washington, DC 20515
Axios, July 17, 2023, Fight over gender-affirming care moves to HHS spending bill Taxpayer funding of hormone therapies and gender-affirming surgeries would be barred under House Republicans’ fiscal 2024 spending bill covering the federal health department, which is moving through Congress. Adding a funding restriction into a federal spending bill can have long-lasting implications, as seen during
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The launch of FedNow marks a great accomplishment — But to realize the full potential of the faster payments system, more needs to be done.
Melissa A. Little Consulting & Mediation Services LLC is a women-owned business, started by Melissa Little, that is committed to creating safe and inclusive environments.
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NBC, July 16, 2023, In ‘warfare against renters,’ homeowners fight affordable housing push Vocal groups of homeowners say they are fearful of what the changes could mean for their communities. Increasingly, they are fighting back with lawsuits, referendums, appeals to state representatives and recall elections in a battle to stave off multifamily housing in their
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Yahoo! News, July 15, 2023, Boston’s plan to convert empty office buildings into housing faces challenges Boston Mayor Michelle Wu announced a program on Tuesday to offer steep property tax discounts of up to 75% for landlords who convert empty office space into residential use. Wu’s policy comes in response to two problems afflicting many cities: since
