"The Finance Justice Fund will help to address long-standing issues of disinvestment, the racial wealth gap, and persistent poverty in our country," Lisa Mensah, president and CEO of OFN said in a statement. "I commend Twitter for stepping up as... Read more
As the coronavirus pandemic worsens with policymakers unable to reach a deal to extend relief for vulnerable... Read more
When the coronavirus pandemic stalled much of the nation’s economic activity, employees at TruFund Financial Services worked feverishly to get emergency Paycheck Protection Program loans to cash-strapped small businesses in New York, Texas,... Read more
The federal government outlined a sweeping plan Wednesday to make vaccines for COVID-19 available for free to all Americans, even as polls show a strong undercurrent of skepticism rippling across the land.
The financial response to the Covid crisis demonstrated the inability of the federal government to rapidly get money to people during times of crisis.
Podcast: As the coronavirus pandemic and the national reckoning over race have thrown a new light on racial and economic inequality, corporations are seeking ways to address these issues and many are discovering CDFIs. In this... Read more
U.S. House of Representatives Speaker Nancy Pelosi said on Tuesday that Democrats in Congress are willing to cut their coronavirus relief bill in half to get an agreement on new legislation, which a senior aide said did not signal a change to her... Read more
The COVID-19 pandemic, like many crises before it, has disproportionally affected Black and LatinX communities, once again exposing the ingrained racism limiting people’s access to healthcare, employment, education, and stable housing. Achieving... Read more
The mortgage delinquency rate jumped nearly four percentage points to 8.22% during the second quarter of 2020, when the economic fallout from the coronavirus pandemic really began taking hold, a new report from the Mortgage Bankers Association... Read more
U.S. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin on Sunday said they were open to restarting COVID-19 aid talks, after weeks of failed negotiations prompted President Donald Trump to take executive actions that Democrats... Read more