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Six years after Prop HHH was passed, the fund appears to be delivering on its housing construction goals in the 10-year timeline, but the measure is being routinely criticized on all sides for delays, rising costs, and being an inadequate fix to LA’s homelessness crisis.
The dual financial system affects not only Black and Brown consumers, but Black- and Brown-led firms. In the past two years, CDFIs have focused on shifting access to capital for developers.
The largest source of subsidy for building affordable housing doesn’t come with meaningful eviction reduction requirements, or even incentives. But it could.
Fair housing testers often go undercover to expose discriminatory housing practices, but laws prohibiting recording conversations hamper investigations
Buncombe County in North Carolina was one of the first places in the U.S. to support reparations for Black residents. So why is the county not doing a better job of addressing property tax inequities that directly impact residents of color?
Our fair housing laws enshrine an approach that prohibits us from explicitly referring to race, even in programs intended to undo the harm caused by racism. Now restorative housing policy is attempting to directly confront this history.
A majority of voters nationwide supported funding for affordable housing as state and local governments try to address the problem in the absence of an adequate federal response.
Programs that help households of color buy homes haven't made much of a dent in the racial wealth gap. But some strategies could generate better outcomes for buyers.
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?
Debt related to justice-system involvement falls most heavily on overpoliced communities, extracting wealth and preventing the building of more.
Typical approaches to closing the racial wealth gap focus on ways to help Black households build wealth. But for that to stick, we must also stop siphoning their wealth away.
Despite the hopes pinned on it, homeownership is currently too affected by racism at every turn to be an equalizer.
Atlantic Yards demonstrates that developers' promises must be backed up in contracts, otherwise economic and political cycles can undermine them.
Holmdel, New Jersey, moved its affordable housing to flood-prone land, raising a question about planners' ethical obligations to speak up against such moves.