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...
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?
Changes to the tax code, and tax programs that support low-wage earners, will strengthen gains made in the asset-building field.
How would you measure someone making progress toward escaping poverty? If you've been tuned in to the asset-building movement you might look at their accumulation of assets and preparation for a financial emergency. You might also want to look at cash flow. But can poverty-fighting be solely measured by money?
The absence of bank branches and the proliferation of high-priced alternative lenders in the region only underscore the importance of access to affordable financial services.
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.
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...
SoFi is practicing product segregation. It wants to serve affluent people with its best products and shunt low- and moderate-income borrowers into inferior products that do not meaningfully serve credit needs.
Financial curricula for low-income households often focus on personal choices about budgeting and saving, but if they don't also address systemic problems, exploitation, and discrimination, they aren't speaking to their audience's reality.
News from—and affecting—the community development world.
Seven percent of U.S. households, a group roughly the size of the population of Australia, were “unbanked” in 2015, meaning they have neither a checking nor savings account. This is the lowest unbanked rate recorded since the survey first launched in 2009
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.