Tag: banks

To Address Displacement in Your Community, Start by Asking, “Who’s Financing...

While developers, tech companies, and greedy landlords are often cited as the usual suspects driving the housing crisis, one group is often overlooked: the banks that finance the deals.

Shelter Shorts, The Week in Community Development—July 23

Serial Eviction Filings in Atlanta | Rent Control for Seniors | HUD Wants Examples of Housing Discrimination | Worker-Owned Cooperative Triples Workforce

Who Is Still Unbanked, And What Can We Do About it?

Seven percent of U.S. households, a group roughly the size of the population of Australia, were “unbanked” in 2015, meaning they have neither a checking nor savings account. This is the lowest unbanked rate recorded since the survey first launched in 2009

Extending a Bank Branch to the Community

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.