Several big banks promised billions to increase racial equity and close the wealth gap following George Floyd’s murder. What are those dollars going toward, and how big a change do they represent?Read Full Article
Sulma Arias has been named the new executive director of People’s Action. Arias previously served as director of immigration and power building for Community Change and Community Change Action, and before that, as executive director for Sunflower Community Action in Kansas, where she helped lead the fight against Kris Kobach’s attack on immigrants.
Thursday, March 3, 4-5 p.m. ET, Accelerating Transformative & Equitable Housing Solutions | The Partnership for the Bay’s Future will host a discussion about the strategies and tactics that are advancing equitable pro-housing agendas across the region. The event will feature Lourdes Castro Ramirez of California Business, Consumer Services and Housing Agency; Fred Blackwell of the San Francisco Foundation; Denise Scott and Cindy Wu of the Local Initiatives Support Corporation; and Khanh Russo of the San Francisco Foundation. Register here.
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Roy Lowenstein: Given the decline we reluctantly should acknowledge in public sector capacity, programs utilized by the private sector, like the LIHTC, perhaps augmented with with expanded HOME and/or NHTF, may be the best we can do. At least these are tools we know how to use and hopefully we can shrug at the inefficiencies in these programs. Read More
Roxanne Peterson: How many people, even die hard republicans and libertarians, would object to removing swaths of land from the speculative market if the sole purpose was to provide housing for low/moderate income households that is desperately needed?Read More
Jake Wegmann: What we need is to get this existing system to scale up its production by 5X. We need to expand the existing funding streams, and both the govt and the philanthropic sector need to embrace the unsexy but hugely important imperative to boost the capacity of nonprofits so more of them can function at bigger scales. Read More
Paula DeMichele: I say emphatically, just as there is NO SINGLE CAUSE of the housing crunch, there is no SINGLE solution ... A regional approach between the state government and local municipalities might have a chance of working. Read More
DeSales Community Development: Have you heard talk about gentrification, but aren’t sure exactly what it means? Or are you wondering if it’s taking place in your community? This article from @Shelterforce shares different definitions, and can help us identify it in our daily lives. Via Twitter
Community Loan Fund—Loan Officer, CASA of Oregon ●As a certified Community Development Financial Institution (CDFI), CASA operates a loan fund of approximately $20 million and generates a limited number of large real estate loans each year. The Community Loan Fund - Loan Officer is responsible for activities related to production, underwriting, processing ... Read Full Listing