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Closing the Racial Wealth Gap: A Webinar with NPQ
Four leaders in the field discuss strategic approaches to closing the racial wealth gap.
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Heartache for HAMP
It’s no secret that the federal government’s Home Affordable Modification Program, or HAMP, has produced lackluster results
Rules Matter
Marge Piercy’s poem “To Be of Use” praises people who jump right in to whatever work needs to be done, passing buckets of water down the line to put out […]
Preserving Hip-Hop’s Birthplace
Things may be changing for 1520 Sedgwick Ave. in the Bronx, a deteriorating building that’s sometimes credited as being the birthplace of hip-hop.
Community Development: A Love Story
Film director Michael Moore is launching the State Theatre/Michigan Downtowns Project, which aims to promote nonprofit movie theaters as vehicles for revitalizing Michigan towns.
Holding Banks Responsible
The Chicago City Council is considering legislation to hold lenders more responsible for properties they have foreclosed upon.
Speed ‘Em Up or Slow ‘Em Down?
the Florida State Legislature was launching a $9.6 million effort intended to unclog the court system by establishing foreclosures-only courts across the state
The Disproportionate Impact of Foreclosures
Communities of color have always lagged far behind in homeownership, and foreclosures are making the situation worse. During the heyday of the subprime lending boom, borrowers of color were three […]
Another Post-War, Middle-Class Enclave in Default
First it was New York City’s Cooper Village and Stuyvesant Town, and now, another enclave built by Metropolitan Life in the 1940s for veterans and middle-class families has run into […]
Countrywide Sued Again
Illinois attorney general Lisa Madigan has filed a lawsuit against Countrywide, alleging it steered African-American and Latino borrowers into subprime mortgages and charged them more for them. Madigan’s office conducted […]
Attention Underwriters
According to Deutsche Bank, 20 million homeowners might be underwater by 2012. Turns out of those 20 million, those with the most expensive homes are actually more likely to walk […]
Little Living Goes a Long Way
As Seattle continues its efforts to expand its affordable housing stock (and housing options), tiny so-called cottages are popping up in its backyards. The city recently changed its zoning rules […]
Who Knew? Oh Yeah, We Did
In the November 1999 issue of Shelterforce, Ralph Nader wrote: A study released by the Federal Deposit Insurance Corp. (FDIC) last month found that consolidation in the banking industry just […]