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Financial System
“Income is how you get out of poverty; assets are how you stay out.” How do we build policies, programs, and products that reduce systematic inequality and advance financial security for all?
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EPA Terminates Already-Awarded Climate Funding
The agency says $20 billion in green funding for low-income communities was mismanaged and issued with political bias, but so far the EPA hasn’t produced the evidence needed to legally block the grants. Three nonprofits have filed suit.
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Poor by Design: SSI Asset Caps
Asset caps on SSI and other benefits keep people with disabilities from building up emergency savings and financial security—or buying a home.
FHA Changes Could Make ADU Construction More Affordable
The Federal Housing Administration may soon allow homeowners to count projected rent toward their qualifying income to build an accessory dwelling unit. While ADU advocates call the change “monumental,” the proposed policy isn’t perfect.
CDFIs Shouldn’t Act Like Banks, But Too Often Do
When receiving bank funding, CDFIs often limit their investments in accordance with bank restrictions. How can reforms to the Community Reinvestment Act help center the needs of underserved communities?
Appraisal Bias Is the Fair Housing Issue of the Day
Newly released data on home appraisal practices is a step forward in the fight against racially biased appraisals. There’s still a long way to go.
Tenants Rights Advance in California
Reaction to the housing crisis in California has led to a series of gains for tenants, including a new Renters’ Caucus.
Egg Prices and Rents—What Do They Have in Common?
Avian flu gave companies cover to price gouge. Could the attention to lack of housing supply do the same for landlords?
NCRC Claims KeyBank Broke Promises, Failed Black Homeowners
Who is responsible for evaluating whether groups adhere to promises made in a community benefits agreement (CBA)? Is there any recourse for those who don’t get what they were promised? And what lessons can we take away from the KeyBank CBA?
Building Tenant Power: A Growing Movement Rises in Baltimore
Tenant organizing in Baltimore today is building on a rich legacy of tenant resistance in the city where residential redlining made its debut.
Major Changes Coming for CDFIs
Requirements to be certified as a community development financial institution (CDFI) will soon change—and some lenders that qualified before might no longer.
Shelterforce’s Top 10 Stories of 2022
Background explainers, affordability restrictions, and race and belonging topped the list of our most-read pieces of the year.
Is Everything in Your Lease Legal? Quite Possibly Not
Some leases plainly contradict state law or include questionable, punitive, or egregiously anti-tenant clauses.
Fighting Back Against Corporate Landlords—A Shelterforce Webinar
Shelterforce recently hosted a conversation about how to fight, and win, against corporate landlords and their extractive business models. Watch the video or read the transcript.