Comparative income quintiles don’t tell us very much about the material conditions of people’s lives. When someone rises into the top fifth, someone else falls into the bottom fifth.
Today’s economic climate offers little hope to many struggling families. Family incomes still lag in comparison, for example, to rising housing costs in many markets.
I attended my first ever Assets Learning Conference, put on by CFED last week, and I have to say it was mighty impressive. And I was particularly pleased to see that economic justice and things like reforming the tax code to be less regressive and reward savings by low- and middle-income Americans, rather than mostly […]
In a world of growing financial complexity, predatory products, stagnating wages, and escalating inequality, financial insecurity is a dramatic problem. We gathered a group of leaders who are combating financial insecurity for a conversation on how it all relates.
A government report concludes that residents of low- and moderate-income Census tracts have as much access to bank branches as residents in middle- and upper-income tracts in rural areas and large metropolitan areas. Yet access to bank services for low- and moderate-income consumers is still being lost. Why is that?
What is productive agricultural land and clean water worth? What are strong communal relationships worth? What is a clear connection to heritage, to culture, to past, to future, and self, worth?
If CDFIs adopted traditional appraisal standards to determine loan amounts, they'd make very few loans in the communities they were founded to serve.
A: Yes! And keeps them safer than traditional homeownership does.
In our work to build communities of opportunity where low-income people and people of color can thrive, we must acknowledge that income is how you get out of poverty, assets are how you stay out.
Mary Stimpson was supposed to be a high-priority candidate for assistance repairing her roof and furnace. Instead she languished for years without heat until some advocates went above and beyond.
Research shows a connection between the financial instability of families and the economic health of communities.
When this limited-equity cooperative in California began more than 30 years ago, it wasn’t the most affordable place to live. But now the co-op’s monthly costs are 50 percent lower than the average market-rate apartment.
Regardless of income level, a family that is just getting by is locked in a state of stress and vulnerability.
Targeted investments that address persistent poverty are necessary and should supersede financial support of a border wall.
The U.S. Census Bureau recently released Income, Earnings, and Poverty Data from the 2007 American Community Survey, and with it announced a new class...
Children's savings accounts for higher education, even those that have accumulated only small amounts of money, can change expectations for low-income students and they might also provide a vehicle for larger wealth transfers.
A: More than half are elderly or disabled. Of the rest, most of them do have a job! Ninety-four percent of rental assistance receipts are ...
While I am a firm believer in equal access to higher education for all, it’s over-emphasized in our individualistic culture as a solution to society’s woes.
A review of "The Making of a Democratic Economy: Building Prosperity for the Many, Not Just the Few," by Marjorie Kelly and Ted Howard
We’ve seen it before, and we’ll see it again, but, in Michigan—which is shaping up to be a crucial swing state in the presidential...