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Making Loans to Help Formerly Incarcerated People Get Back on Their Feet
CDFIs and nonprofits are figuring out how to help formerly incarcerated people build credit histories and access capital in order to get their lives going.
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CDFIs and nonprofits are figuring out how to help formerly incarcerated people build credit histories and access capital in order to get their lives going.
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Companies that value meritocracy perform worse with pay equity when their internal policies do not align with their public-facing statements regarding pay.
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It’s been almost two years since the racial justice reckoning galvanized big banks to promise billions of dollars to increase racial equity and close the wealth gap. What are those dollars going toward, and how big a change do they represent?
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Rising out of a practice of shareholder activism that began in the 1970s, Women Religious made the leap from monitoring their investments on Wall Street to becoming pioneers in investing directly in the communities and social justice causes for which they cared.
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Facing calls to invest in racial equity, companies like Netflix, Twitter, and others have recently pledged millions in new financing for affordable housing, small businesses, and other community development projects. Will they stick around?
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Despite the controversy surrounding them, charter schools have become a major segment of the CDFI field’s business, requiring new assessment tools to keep the lending mission-focused.
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The Credit Union National Association and the National Federation of Community Development Credit Unions released a report last week comparing credit unions that are certified as CDFIs (community development financial […]
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It is often said that you get what you pay for. Clearly, too little is being paid to create positive change in America’s most vulnerable places.
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Early in 2010, the Congressional Oversight Panel for the Troubled Asset Relief Program released a report indicating that half of the $1.4 trillion in short-term commercial real estate loans coming […]
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Recently, I had the opportunity to participate in an important and powerful conversation about the importance of diversity and inclusion in achieving economic equity at the Opportunity Finance Network (OFN) conference in Denver, Colorado. This is a topic that hits close to home for me. Before I joined JPMorgan Chase, I spent 10 years at […]
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Community development fits well within the growing resilience movement—and connecting the two more explicitly could make their work even more powerful.
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Several national organizations in the community development field have experienced transitions from white leadership to people of color.