Page 7 - Impact Alpha News Today

This Wednesday, May 18, at 1 p.m. Eastern, join Senior Economics Correspondent Oscar Perry Abello for a flash webinar that gathers a panel of experts to discuss what effects the proposed CRA regulation changes are likely to have on access to basic banking services, credit, community development lending, small business lending and home mortgage lending in LMI communities, especially Black and Brown communities. This latest in Next City’s Bottom Line Conversations webinar series will be a co...

What economic development can learn from one community-supported, Black-owned jazz restaurant in Boston.

Meet the two new Black economists serving on the highest governing body of the country’s central banking system.

Senior Economics Correspondent Oscar Perry Abello hosts a flash webinar with Ron Homer, Horacio Mendez, and Jaime Weisberg to discuss the new rule changes proposed for the Community Reinvestment Act, and what the changes mean for communities, community development and the banking industry.

The highly anticipated overhaul of Community Reinvestment Act regulations opens for comment.

"Fiscal justice” investors want to flip the muni bond market script. Here’s why that could be a good thing — both for equity and for city finances.

The blueprint envisions the bank would make loans to support more affordable housing, small businesses owned by Black, indigenous and other people of color, and potentially even do some infrastructure lending for municipalities

Green will talk about the groundbreaking legislation he introduced and championed, to establish the Philadelphia Public Financial Authority, the country’s first city-established public banking entity. Broadly speaking, public banks are government-owned entities that hold state or local government deposits and leverage them to advance policy goals while returning profits to the public. Abello and Green will talk about what makes this legislation so groundbreaking; what the bill, which passe...

Nonprofit loan funds like Accompany Capital enable minority-owned businesses to thrive. The recent program expansion will allow them to give out more loans but will it be enough?

The worker-owned pub Democracy Brewing in Boston tries to spread the co-op model one beer or burger at a time but financial backing is crucial.