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Under Trump, Treasury Goes Backward on Community Protections
A recent Treasury Department report on bank regulation and policy promotes changes that would move us backward when it comes to building a financial system that is equitable, efficient, and protects consumers and communities from abusive practices.
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The Rocky Road to Training Consolidation
When Shelterforce proposed an article on training legislation, I assumed that, by the time I started to write, I’d be summarizing a recently passed law. Indeed, several months ago I […]
The Seven Lessons of HMDA
$393 billion. That’s the amount banks have committed to lend in low and moderate income communities nationwide since the Community Reinvestment Act (CRA) went into effect 20 years ago. By […]
The Outlook for Rural Housing in 1998
In 1980, the U.S. Department of Agriculture’s (USDA) rural housing programs financed 62,700 subsidized single-family housing units and 33,600 subsidized apartments. By 1996, these numbers had dropped to 15,900 single-family […]
Financial Modernization – The Newest Threat To Neighborhood Vitality
Does banking legislation have the potential to either devastate or revitalize working class and minority neighborhoods? Well, consider the following scenario. A hard-working single mother rises early and commutes from […]
Homeless Assistance Programs Up for Reauthorization
This year, Congress will consider reauthorizing the four federal homeless assistance programs administered by the U.S. Department of Housing and Urban Development (HUD). Rep. Rick Lazio (R-NY), the Chairman of […]
Creating Better Futures
On February 28, 1997, over 50 homeless advocates, service providers, public housing residents, organizers, developers, government officials, academics, and others met for a forum on housing that began the Creating […]
Congress Passes HUD Budget,Worsens Mark-To-Market Bill
The conference report for the FY98 HUD/VA Appropriations bill easily passed the House and Senate the second week of October. The bill contains roughly $24 billion in HUD funding for […]
From the National Rural Housing Coalition: Rural Housing Year by Year
Things got off to a good start when, at the beginning of President Clinton’s first term, the National Rural Housing Coalition (NRHC) and others were able to persuade the administration […]
WASHINGTON NEWS AND VIEWS
Amidst a flurry of last-minute activity on August 2, the recess bell rang at the Capitol, and the House and Senate headed home for summer vacation until after Labor Day. […]
Washington News and Views
National Advocacy Groups Write to Leach, Banking Committee Democrats On CRA By Allen Fishbein Twelve national community reinvestment and housing development groups have written to House Banking Committee Chair Jim […]
Continuing Lack of Resolution in Washington
We are now firmly into that peculiar form of government known as a Continuing Resolution (CR). To call it a form of government may be too generous; rather, it would […]
Mark to Market Advances in HUD/VA Measure
With Section 8 contracts due to expire on over one million assisted and insured housing units during the next decade, Congress has proposed its second demonstration in two years concerning […]