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Young students wearing red shirts laugh as they participate in a college-bound program in Indiana.
Financial System

College Bound: A Look at Children’s Savings Accounts

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.

Policy

Why Are Biased Banks Getting High CRA Marks from Regulators?

The Community Reinvestment Act (CRA) statute has a statement of purpose affirming that banks “are required by law to demonstrate that their deposit facilities serve the convenience and needs of […]

Policy

Fairness and The Financial System

Trying to bring fairness to financial transactions for everyday people has long been both an avocation and passion for me, anchored largely in my belief in the “Golden Rule,” that […]

water trickle
Housing

The Real Reasons Affordable Housing Isn’t Being Built in California

The meager supply of affordable housing is a major contributor to housing’s high cost, yet the policy tools to address the shortfall often seem to worsen the problem. But this is because they ignore the underlying infrastructure and financing to support growth.

Policy

The Costs of “Moving On”

In his recent New York Times op-ed, American Enterprise Institute president Arthur C. Brooks says declining mobility is a primary cause of the nation’s economic malaise. Among his suggestions, he […]

Federal Policy

Two Presidential Affordable Housing Platforms!

Though they haven’t made them central to their campaign, Clinton and Sanders have each released affordable housing platforms.

Policy

How to Make Housing Affordable for All the Working Poor

The headlines tell the story: “Half of all renters can’t afford the rent.” “Renters, get ready to take it on the chin.” “The rent crisis is about to get a […]

Housing

The Danger in Restricting Our Definition of “Preservation”

The real focus of preservation—and the definition—should be on the bigger picture of preserving the assisted/affordable housing stock in a community or region

HUD Secretary Julian Castro poses in a formal headshot in front of an American flag.
Interview

Interview with HUD Secretary Julian Castro

Shelterforce got a chance to speak with Secretary Julian Castro about some of the current ways in which he’s working to make HUD a force for good in people’s lives, and what steps there are left to be taken.

Policy

Why the Presidential Race Ignores Urban America

[Editor’s note: The following piece originally appeared on the BeyondChron.org website on Jan. 28, 2016] Despite overwhelming media coverage, the 2016 presidential race has ignored the housing and economic crises […]

crowd at outdoor event
Housing Supply

Building Children Out of Our Cities

It’s been said that children are the indicator species of urban health and great neighborhoods, and by this measure, Oakland is in trouble.

Policy

Public Benefits and Bank Mergers

Community organizations are generally aware that when a bank wants to acquire another bank, it must submit a merger application to a federal agency. But many community organizations may not […]