Financial Well-Being

“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?

Homeownership Without a Net

Despite some new reforms, low-income households buying homes outside the traditional mortgage market are still at tremendous risk—and often legal limbo.

The Reports are In: Homeownership Rising, Renters Suffering, Income Gaps Growing

City Life, Homeownership, and the American Dream Americans' impressions of cities are improving, according to Fannie Mae's 1997 National Housing Survey, City Life, Homeownership, and...

Entrenched Poverty, Juxtaposed Against Occasional Pockets of Progress

Recently, more than 150 people from across the nation rolled along the backroads of the iconic Mississippi Delta, peering through bus windows at scene after scene of entrenched poverty juxtaposed against occasional pockets of progress that had been achieved against seemingly insurmountable odds. While there were signs of advancement, they were set against the backdrop of conditions that disproportionately plague these places—substandard housing, underperforming schools, inadequate access to quality health care, and limited private and philanthropic investment. 

In LA, a New Resource to Pull Families Back From the Financial Brink

Regardless of income level, a family that is just getting by is locked in a state of stress and vulnerability.

Creative Ways to Finance Agriculture

In Montana, small family farms are disappearing at an alarming rate, and farmers and ranchers are unable to compete with giant agriculture mergers. But there are several ways to help improve the farmland accessibility issue.

Context for the Racial Wealth Divide May Free American Minds, and Mindsets

Black people were excluded from many of the income and wealth-building programs that helped build the foundation of white Americans’ wealth today.
A deteriorated Brownsville home.

There Is an Emergency at the Border. It’s Poverty.

Targeted investments that address persistent poverty are necessary and should supersede financial support of a border wall.

True Financial Capability Requires Expanding the Definition of Wealth

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?
A ripple in water.

The Ripple Effects of Income Volatility

Research shows a connection between the financial instability of families and the economic health of communities.
home with for sale sign in foreground

Is the Housing Market the Answer to the Racial Wealth Gap?

In discussions around closing the racial wealth gap, we should be reminded that a very large portion of wealth gained by white Americans should be seen as ill-gotten.

Food Banks: Another Crisis Casualty?

Last week, when a prominent and long-standing central New Jersey soup kitchen went to the newspapers as a last resort to inform the public...
CFPB exterior

A Message for CFPB’s Kathy Kraninger: Stand with People, Not Profits

The CFPB's new head must unequivocally stand with low-income communities of color and restore public trust.

Keeping Justice in Mind as We Talk Asset-Building

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 […]
home with sold sign in front

Equitable Tax Reform Begins at Home(ownership)

Talk of tax reform has reached a fever pitch, but most Americans don't realize just how high the stakes are and what impact the final legislation could have on their own financial security for years to come.
A key in focus

Despite Progress, States Have Work to do to Ensure Access to Affordable Rental Housing...

If expanding access to homeownership can reverse the trends of growing racial wealth inequality, why are we seeing so many states roll back the supports that make homeownership possible?
structural sinking boat

Financial Coaches, Let’s Be Upfront About Economic Structural Racism

Financial education messaging is too often presented as if individual behavior and attitudes are the cause of our growing economic challenges rather than our social, economic, and political systems.

Not All Asian Elderly Are Well Off

Too many of us have the misconception that elderly Asian Americans live a charmed life that is financially secure with strong family ties. This isn’t accurate.

The Fight for Full-Time Work in San Jose

Unpredictable hours lead to unpredictable cash flow, which is a barrier to budgeting and saving. One response to this, the Opportunity to Work Initiative, would require that San Jose employers give more hours to part-time employees before hiring new staff.
A home at the Dos Pinos Housing Cooperative, the only limited-equity housing co-op in Davis, California.

A Low-Cost Ownership Oasis in a Desert of Apartment Unaffordability

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.
redlining map and racial equity

Can Using a Racial Equity Lens Increase Capital in Communities of Color?

If CDFIs adopted traditional appraisal standards to determine loan amounts, they'd make very few loans in the communities they were founded to serve.