Monthly Archives: December 2016

The Major Policy Issues for 2017

This op-ed from today’s Washington Post lays out many of the major policy changes that are likely to face advocates for low-income and low-wealth people in the 2017 political arena. It is a useful framework from an experienced and knowledgeable source. The risks to essential benefits for tens of millions of low- and moderate-income Americans […]

What’s a CDFI to do? Make Some Noise

The CDFI industry response so far to the 2016 elections is surprisingly quiet. In conversations with industry leaders and reports I have heard, I detect little or no apparent urgency in response to the probability that the 2016 elections pose an existential threat to programs CDFIs value and rely on. More important, there is no […]

Insights on CDFIs+Community Economic Development

By James L. Greer and Oscar Gonzales The authors wish to stress that the opinions and views expressed here are theirs and theirs alone and do not reflect the position of the Department of the Treasury or the Federal government. Money+Purpose announced the publication last month of the first comprehensive economic study of CDFIs in […]

Housing Policy + Trump

There is an ongoing but muffled conversation going on among many housing and community development advocates about the possibility that Donald Trump, as President, will take a scorched earth approach to core programs. Low Income Housing Tax Credits (LIHTC) get mentioned a lot because reductions in corporate tax rates would reduce the value of tax […]

Does Carson @HUD Open a Door?

President-election Donald Trump’s decision to nominate Dr. Ben Carson as Secretary of Housing and Urban Development raises concerns and, perhaps, an opportunity. Within the CDFI community, community development practice generally, and beyond, there is growing emphasis on linking community development outcomes and social determinants of health. Does this create a pathway to open conversations with […]

Howard Schultz, Starbucks+CDFIs

Starbucks Chairman + CEO Howard Schultz announced this week that he is changing his role at the coffee company. He plans to concentrate on a new high-end business, large stores that are retail roasteries. It sounds like the cafe equivalent of microbreweries. The CDFI industry owes a lot to Schultz, who included CDFIs in Starbucks’ […]