NAAC Finance will connect the unbanked with quick cash and financial education, helping them to avoid predatory, high-interest loans.
By Erica Sweeney
More than 7 million U.S. households are unbanked, which means no one living in... Read more
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Fern Street co-founder John Highkin poses with students who are part of Fern Street's after-school program.
Photo by Gary Payne
Because of structural racism embedded in housing policies and practices, racial disparities in mortgage denials—and homeownership—persist. This study fills a research gap by examining the relationship between mortgage denials and neighborhood... Read more
After seven months of a global pandemic spent in a cramped one-bedroom apartment, Jacob Guardado and his roommate decided to make a move.
They found a Studio City two-bedroom in October 2020 for $1,975 a month — a few hundred dollars more... Read more
The central tenet of Fannie Mae and Freddie Mac’s ... Read more
Ebanisha Wiley has been on the brink of eviction for months. She lives in Montgomery County, an area north of Houston where officials decided to return much of their federal rental assistance money.
“I need it,” Wiley said. “I need it. I... Read more
New program subsidizes an easier commute for some of NYC’s frontline and essential workers.
By Christopher C. Williams
Solomon Smart has been biking to his work as senior center director at BronxWorks, a senior recreational center... Read more
A $240,000 grant program gave 20 childcare providers a much-needed helping hand.
By Hadassah Patterson
A $240,000 grant program gave 20 childcare providers a much-needed helping hand.
By Hadassah Patterson
“I am convinced that capital is not fundamentally extractive and can increase equity.”
By Hadassah Patterson
In 2006, CDFI Virginia Community Capital (VCC) was founded with $15 million in seed money from the state of Virginia to... Read more