New Orleans Josh Ishimatsu wrote an interesting piece for theRooflines blog managed by Shelterforce magazine that asks troubling questions about whether rapid development in the form of gentrification has outstripped community development efforts. He might have even gone farther and asked whether community development corporations have too often been the nonprofit stalking horses for …
Tag: San Francisco
First Source Hiring Agreements Are Coming Back
New Orleans The Baltimore City Council joined other cities in passing an ordinance requiring that on city contracts of $300,000 or more 50% or more of the workers needed to be hired from the ranks of city residents. Baltimore wanted to tackle statistical unemployment of almost 10% and unemployment in many of its lower income …
Wells Fargo Racial Steering and Discrimination Settlement with Justice Department
New Orleans The recently announced settlement between the Department of Justice and Wells Fargo Bank saw them pony up $174 Million to provide restitution to 34,000 customers because of racial discrimination in lending rates and steering them into toxic subprime rates caught my eye and brought me to full attention. This might be a case of …