Dedrick Asante-Muhammad and Joshua Devine

Closing the Racial Wealth Divide: A Plan to Boost Black Homeownership

This article was co-produced and co-published with the Nonprofit Quarterly. The United States is a country built on the genocide and taking of land of Indigenous peoples, as well as turning enslaved Africans into the private wealth of White citizens. This has created a nation whose riches are highly concentrated among White Americans. Even after landmark […]

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In Memorium: Remembering Alan Fisher, founding executive director of the California Reinvestment Coalition

Alan Fisher, founding director of the California Reinvestment Coalition, died Thursday, September 16, 2021, surrounded by family, following a hard-fought battle with cancer. In the world of housing and economic justice, Alan was a titan who advocated for working-class families, communities of color, and small-business owners. “The world seems a little sadder today than it

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CRA regulations, examination procedures should include explicit focus on race

Not only is it feasible, it is also constitutional to add a robust consideration of race to the requirements of the Community Reinvestment Act (CRA), a new report argues. The report, from the National Community Reinvestment Coalition (NCRC) and the civil rights law firm Relman Colfax PLLC, calls on CRA regulators at the Office of

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Civil Rights, Fair Housing And Consumer Groups Urge Congress to Advance Housing Investment and Equity in Historic Human Infrastructure Bill

Today, national civil rights, housing policy, and consumer protection groups released a letter sent to Congressional leadership and committee chairs calling for inclusion of housing policies that would advance racial and economic equity in the upcoming human infrastructure reconciliation legislation. The letter, linked here, was signed by the Center for Responsible Lending, The Leadership Conference

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Morning Consult: Equity Should Be Required of the Entire Financial Sector, Not Just Banks

Over the last year, the division of inequality in America has been revealed through our simultaneous crises of COVID, racial injustice and economic insecurity. Low income and low-wealth households — many of which are Black American, Latino, and Native American — continue to face economic barriers in access to credit, homeownership, capital assets and other means to improve their economic situations.

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Fed Must Do More to Protect Consumers From Fraud and Mistakes in New P2P Payment System

FedNow System Must Not Launch Until it is Safe The Federal Reserve Board must do more to protect consumers, small businesses and other users from fraud and mistakes in the new “FedNow” instant person-to-person (P2P) system that it is developing, according to comments submitted today by consumer, small business, community and legal services groups.  One

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Introducing the Just Economy Club in DC, a new event and office space for social sector nonprofits

A new events and office space designed for social sector nonprofits has opened in the historic Union Trust building at 15th and H Streets, just around the corner from The White House. The Just Economy Club, at 740 15th St. NW, offers members private offices with room for teams of up to eight people, shared

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Opportunity to provide feedback to newly launched Congressional Caucus on Social Determinants of Health

Social determinants of health refer to the social, economic and physical conditions, where people live, work and play in an environment that affects health, such as housing, jobs, transportation and food access.  This past July, a bipartisan Congressional Social Determinants of Health Caucus was formally launched by Reps. Cheri Bustos, G.K. Butterfield, Tom Cole and

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Fair lending advocates applaud CFPB’s plan to shine a light on small business lending through Section 1071 loan data collection

implementing Section 1071, the portion of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank) that required the CFPB to collect and publish small business lending data.

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