Surging home prices and rising mortgage rates that have made it harder for all renters to become homeowners have had a particularly dramatic impact on Black renters. Indeed,…
Surging home prices have made it even more difficult for millions of renters to become homeowners across the US. In nearly half of the largest 100 US metro areas, the income…
Black homeowners not only have primary mortgages with higher interest rates than white homeowners with similar incomes, they also have higher interest rates than white…
The newly released American Community Survey (ACS) shows a continued decrease in cost burdens in 2019. While the share of all homeowners that were cost-burdened (spending…
Community Development Financial Institutions (CDFIs) that received grants from JPMorgan Chase & Co.’s ambitious Partnership for Raising Opportunity in Neighborhoods (PRO…
Alexander von Hoffman, Matthew Arck
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June 29, 2017
Although many in the housing and community development field are excited by the idea of collaboration between organizations, such partnerships are often easier said than done…
The challenges—and the unexpected benefits—of collaboration among community development financial institutions (CDFIs) were the subject of a recent gathering in Cincinnati…
This post is the second in a series about the results of the Partnerships for Raising Opportunity in Neighborhoods program (PRO Neighborhoods), a grant program of JPMorgan…