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community lending

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A screenshot of a Shelterforce webinar showing five women. Three participants are shown on the top: Megan Miles, Miriam Axel-Lute, and Sara Myklebust from left to right. On the bottom, from left to right, are Lauren Strickland and Trinity Tran.

Laboratories of Democracy: Emerging State and Local Policy Visions, a Shelterforce Webinar

There is a lot that can be done to advance housing and community investment at the local and state level. This is the perfect moment to do it.

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A large glass building set back from a parking lot. In front of the building is a concrete sign coming out of the ground that reads "Bank of North Dakota."
State & Local Policy

How Public Banks Can Meet Public Needs

As federal funding streams face cuts, the idea of public banks is gaining ground as a tool for states and localities to finance community development.

View from the back of a businesswoman looking in apparent bewilderment at an imaginary flow chart on the wall in front of her. She has long straight blonde hair and is dressed in dark business attire; one hand is on top of her head, the other on her hip. The flow chart bubbles are empty.
Community Development Field

Defining Community Development in Order to Fund It

What is a community development corporation? A few state and local governments have created formal definitions or guidelines to help target special tax credit funding to the field.

View from the street of a bank built in 1917. From the photographer: The building features a red brick exterior with terra cotta trim, decorative panels with Sullivanesque detailing, Sullivanesque trim, a decorative mosaic in the tympanum below the arch above the front entrance with the word “Thrift” in gold lettering in the middle of an expanse of blue tile and decorative white, cream, green, purple, red, and orange tile accents, decorative metal lettering on the facade above the arch displaying the words “The People’s Federal Savings & Loan Assn." ... Gargoyles above the pilasters framing the front entrance, fixed glass windows at the corners, brass double doors.
From the Field

How the New CRA Rule Will Help, and Where It Falls Short

The assessments that evaluate a bank’s lending practices have improved, but there are several missed opportunities for reform. For one, the new rules won’t incorporate a racial analysis into lending examinations.

line drawing of a hand
Policy

CDFIs Stepped Up During the Shutdown

CDFIs across the country were trying to do what they could to ease the effects of the recent government shutdown. Here is just a partial list.