Advocates and organizers who deal with the needs of the poor often say it's not really a housing/food/training issue, it's an income issue. So what would happen if we just addressed income?
The CFPB's new head must unequivocally stand with low-income communities of color and restore public trust.
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.
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.
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.
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...
Black people were excluded from many of the income and wealth-building programs that helped build the foundation of white Americans’ wealth today.
Despite some new reforms, low-income households buying homes outside the traditional mortgage market are still at tremendous risk—and often legal limbo.
News from—and affecting—the community development world.
Shortly after her 18th birthday, Cindy (not her real name) left her group home in the Bronx to live with her mother. Although under...
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.
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.
Research shows a connection between the financial instability of families and the economic health of communities.
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?
The systemic closing of bank branches in low- and moderate-income neighborhoods is followed by payday lenders, pawnshops, and check cashing services stepping in to fill the void.
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.
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.
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.
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.
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?