American Bankers Association’s Post

This Shelterforce article provides a good overview of the pros and cons of the recent changes to the Community Reinvestment Act. https://buff.ly/3uqiFNN

On Medium, an interesting story out of City of Chicago, whereby there might be a shift in the real estate transfer tax from 0.75% to 2-3%, and that increased tax revenue could fund homeless initiatives. The #commercialrealestate #cre class doesn't like it. Let's look at the math.

Well, I'd love to see a further dive into the public policies, local governance, education, and financial institutions including the access to capital investment to reveal what are the consistent and real barriers to the racial wealth gap in New Orleans. This information is always hard to digest but also a temperature check on why we all need to do better for New Orleans and its people. Or is this just what it is and we accept it. Is it just racism, generations of oppression? What are the specific policies, programs addressing this? How does this show up in our local schools, government, public programs? The racial wealth gap in New Orleans is not solely a result of historical racism and oppression but is perpetuated by ongoing systemic issues. Addressing these requires a multifaceted approach involving policy reforms, community engagement, and targeted programs. It's essential to continue analyzing and addressing these barriers to create a more equitable future for all residents of New Orleans. #equityinneworleans

Our December report on Special Purpose Credit Programs with MassHousing is cited in this important Boston Globe Media piece by Milton Valencia. Read the article on the Dirty Deeds Project w NAACP North Shore Branch, Harborlight Homes, and Mapping Prejudice. #FinEq #FinancialEquity

Struggling with the down payment on your dream home? Don't give up! There are more options than you think! This article dives into down payment assistance programs that can help you bridge the gap and become a homeowner. From teacher assistance programs to resources for veterans and specific communities, there might be financial help waiting for you. Ready to unlock the door to homeownership? Learn more here: https://bit.ly/3XyoiFH #DownPaymentHelp #HomeownershipGoals #RealEstate

🏡 Owning a home is more than just a financial decision! Ever thought about the sense of pride, stability, and community connection that comes with it? According to Fannie Mae, 94% of homeowners cherish the freedom to customize their space, and 90% believe it's the best environment to raise children. Dive into the heartwarming non-financial benefits of homeownership in my latest article. You might just discover your 'why'! 🌟 https://bit.ly/46mtBcm #HomeOwnership #BeyondFinance

Why should you pursue #HousingCounseling? Let’s start with three reasons: • Housing counselors make sure you have access to all the programs and grants that’ll lower your homebuying costs. • Housing counselors help you expand your #MoneyManagement skills. • With a HUD-Certified housing counselor, you can expect expert homebuying and financial advice based on your needs and goals. Want to learn more? Visit HUD.gov/makehomethegoal. #LetsMakeHometheGoal