Organizing Access To Capital: Advocacy And The DemocratizationTemple University Press, 2011 - 250 من الصفحات Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system really works. |
المحتوى
| 27 | |
CITIZEN | 43 |
LITIGATION | 55 |
THE PITTSBURGH | 85 |
COMMUNITY ADVOCACY IN REDEFINING THE PUBLIC | 102 |
FIGHTING PREDATORY LENDING FROM | 119 |
IO RESEARCH ADVOCACY AND COMMUNITY | 154 |
THE ESSENTIAL ROLE OF ACTIVISM IN COMMUNITY | 169 |
PROTEST PROGRESS and the POLITICS | 188 |
WHERE DO WE GO FROM HERE? | 221 |
Index | 229 |
طبعات أخرى - عرض جميع المقتطفات
عبارات ومصطلحات مألوفة
ACORN activists advocacy advocates affordable housing African American agencies Allegheny County bank's bankers banks borhoods borrowers branches campaign Capital CDCs census tracts Center Chicago Cincotta Citigroup community development community groups community organizations Community Reinvestment Act community reinvestment movement companies Congress Corporation CRA agreements disclosure discrimination disinvestment economic efforts Fair Housing Act fair lending Fannie Mae Federal Reserve FHLBS filed financial institutions financial services foreclosures Freddie Mac funds goals GSES Home Loan Home Mortgage home-purchase homebuyers homeowners homeowners insurance homeownership Household income increased industry investment issues legislation litigation low-income Mae and Freddie MAHA ment metropolitan areas million Milwaukee minority MMFHC moderate-income mortgage lending munity National People's Action NationsBank NCRC negotiate NTIC partnerships PCRG percent Pittsburgh policies predatory lending racial redlining regulators regulatory residents South Bronx subprime lenders suburbs tion U.S. Department underwriting Union Washington
مقاطع مشهورة
الصفحة 1 - If there is no struggle there is no progress. Those who profess to favor freedom and yet deprecate agitation, are men who want crops without plowing up the ground, they want rain without thunder and lightning. They want the ocean without the awful roar of its many waters.
الصفحة 3 - If a neighborhood is to retain stability, it is necessary that properties shall continue to be occupied by the same social and racial classes.
الصفحة 10 - ... the convenience and needs of communities include the need for credit services as well as deposit services; and (3) regulated financial institutions have continuing and affirmative obligation to help meet the credit needs of the local communities in which they are chartered.
الصفحة 4 - Tour persistency went down the shitter — very honestly, I think you write too many blacks — you gotta sell good, solid premium paying white people — they own their homes, the white works...
الصفحة 4 - A Realtor should never be instrumental in introducing into a neighborhood a character of property or occupancy, members of any race or nationality, or any individuals whose presence will clearly be detrimental to property values in that neighborhood.
الصفحة 34 - Federal supervisory authority to "assess the institution's record of meeting the credit needs of its entire community, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of such institution...
الصفحة 4 - Most of the variations and differences between people are slight and value declines are, as a result, gradual. But there is one difference in people, namely race, which can result in very rapid decline. Usually such declines can be partially avoided by segregation and this device has always been in common usage in the South where white and Negro populations have been separated.
الصفحة 113 - The Secretary may require that a reasonable portion of the corporation's mortgage purchases be related to the national goal of providing adequate housing for low and moderate income families, but with reasonable economic, return to the corporation.
الصفحة 74 - The problem from my perspective Is that the Federal Reserve did not see fit to share It with anybody. 1 hate to think that they Just engage In academic studies. "Many people, including myself, have a definitive Interest In compliance or noncompllance with the CRA. I'm from Dorchester and Mattapan. and It's fairly well known I'm no great fan of banks. I hate to think a fair number of people out there In Roxbury or Mattapan or Dorchester are being denied because of the color of their skin or the location...
الصفحة 136 - Statechartered banks involved have been helping to meet the credit needs of their entire communities, including low- and moderate-income neighborhoods, consistent with the safe and sound operation of those banks.