New Woodstock Institute report showsRead more
that women face a smaller chance of
getting their mortgage approved in the Chicago area.
For-profit college students are graduating with more debtRead more
and fewer job opportunities while
the colleges rake in federal dollars
The Consumer Financial Protection Bureau's proposal draft aimsRead more
to help payday loan borrowers remain in control of their money
New Chicago region foreclosure data showsRead more
double-digit declines in foreclosure filings and auctions
We had a vibrant discussion in Chicago recently on barriers facing women trying to access mortgage and small business credit and ways to support women’s efforts to build wealth. Woodstock Institute and JPMorgan Chase hosted a forum for about one hundred participants from the nonprofit, banking, and government sectors on June 19. Melissa Bean, Midwest Chair for Chase, and I welcomed the group and kicked off the event.
Woodstock Institute strongly urges Senator Mark Kirk and Senator Richard Durbin to vote against budget revisions under consideration in the Senate Appropriations Committee today that would negatively affect the disparate impact doctrine, which is crucial to the enforcement of the Fair Housing Act (FHA). President Obama’s Administration requested $45.6 million for the Fair Housing Initiative Program (FHIP) in 2016, which provides funds to fair housing organizations and non-profits that detect housing discrimination and assist victims of discrimination. However, the House of Representatives has proposed cuts to this budget, which would reduce or eliminate funding for organizations that conduct fair housing testing.