News

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. 

Women are at a distinct disadvantage compared to men in accessing mortgages and refinancing their homes, new Woodstock Institute research report has found. The report found significant gender disparities across all purchase and refinance mortgages at several major banks.

Get Updates

Stay informed about ways to help, important news and the latest research.