It may seem counterintuitive, but in order to close the wealth gap, we must shift our focus from the gap itself to the policies, conditions, and systems that spawned it.
A lack of access to capital, capacity-building resources, and technical assistance significantly constrains the ability of CDFIs led by people of color to achieve greater impact.
News from—and affecting—the community development world.
Today, most women have the autonomy and ability to take charge of our finances, but we don’t all do it.
Shortly after her 18th birthday, Cindy (not her real name) left her group home in the Bronx to live with her mother. Although under...
To support older adults to safely age in community, we need to consider what they need out of banking—and what they need to be protected from.
Research shows a connection between the financial instability of families and the economic health of communities.
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.
The CFPB's new head must unequivocally stand with low-income communities of color and restore public trust.
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...
How would the trajectories of children’s lives change if they knew that their state, their community and their parents were investing in their future success for as long as they could remember?
Last week, we asked readers if credit scores were too much of a driver in home loan approval. You answered overwhelmingly that yes, credit...
Of the 987 low-income renters whose rents were reported through a pilot program, 79 percent saw their VantageScore increase by an average of 23 points, and 15 percent moved into a lower credit score risk tier.
Over an organization’s 25 years in existence, how do staff and volunteers measure impact and build off of lessons learned to guide their next steps forward?
Targeted investments that address persistent poverty are necessary and should supersede financial support of a border wall.
A review of "The Making of a Democratic Economy: Building Prosperity for the Many, Not Just the Few," by Marjorie Kelly and Ted Howard
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.
The truth is most entrepreneurs’ firms don’t grow quickly, employ people, or earn much money. And, more importantly, entrepreneurial success has far less to do with exceptional skill than with one’s ability to weather repeated failure and financial loss.
What happens to families who are financially vulnerable and rely upon free financial counseling and coaching services to get out of debt or repair their credit score?
Over a dozen stories of how Americans from all different backgrounds have managed to leverage a few thousand dollars to lead lives that have helped thousands of other people, and strategies to reinvigorate a movement to influence asset building policy nationally.