Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system really works.…mehr
Community activists were delighted with the passage of the Community Reinvestment Act, but they came to realize that it would take more than the word of law to bring about real change. This book gives voice to the activists who took it upon themselves to agitate for increased investment by financial institutions in their local communities. They tell of their struggles to get banks, mortgage companies and others to rethink their lending policies. Their stories, drawn from experiences in Chicago, New York, Milwaukee, Boston, Pittsburgh, and other cities around the country, offer insight into the way our political/economic system really works.
Gregory D. Squires is Professor of Sociology at George Washington University. He has served as a consultant and expert witness for fair housing groups and civil rights organizations around the country including HUD, the National Fair Housing Alliance, the National Community Reinvestment Coalition, and many others. He also served a three-year term as a member of the Consumer Advisory Council of the Federal Reserve Board. He is the co-editor of Color and Money: Politics and Prospects for Community Reinvestment in Urban America. Contributors: Joe Mariano, National Training and Information Center; William Tisdale and Carla Wertheim, Metropolitan Milwaukee Fair Housing Council; John P. Relman, Relman & Associates; Tom Callahan, Massachusetts Affordable Housing Alliance; Stanley Lowe, National Trust for Historical Preservation and John Metzger, Michigan State University; Allen J. Fishbein, Center for Community Change; Maude Hurd and Steven Kest, ACORN; Matthew Lee, Inner City Press/Community on the Move; Malcolm Bush and Daniel Immergluck, The Woodstock Institute; John Taylor and Josh Silver, National Community Reinvestment Coalition; Peter Dreier, Occidental College; and the editor.
Inhaltsangabe
Acknowledgments1. Introduction: The Rough Road To Reinvestment Gregory D. Squires2. Where The Hell Did Billions of Dollars for Reinvestment Come From? Joe Mariano3. Giving Back To The Future: Citizen Involvement and Community Stabilization in Milwaukee William R. Tisdale and Carla J. Wertheim4. Taking It to the Courts: Litigation and the Reform of Financial Institutions John P. Relman5. From Living Rooms to Board Rooms: Sustainable Homeownership Deals With Banks and Insurers in Boston Thomas Callahan6. A Citywide Strategy: The Pittsburgh Community Reinvestment Group Stanley A. Lowe and John T. Metzger7. Filling the Half-Empty Glass: The Role of Community Advocacy in Redefining the Public Responsibilities of Government-Sponsored Housing Enterprises Allen J. Fishbein8. Fighting Predatory Lending from the Ground up: An Issue of Economic Justice Maude Hurd and Steven Kest9. Community Reinvestment in a Globalizing World: To Hold Banks Accountable, from the Bronx to Buenos Aires, Beijing, and Basel Matthew Lee10. Research, Advocacy, and Community Reinvestment Malcolm Bush and Daniel Immergluck11. The Essential Role of Activism in Community Reinvestment John Taylor and Josh Silver12. Protest, Progress, and the Politics of Reinvestment Peter Dreier13. Epilogue: Where Do We Go From Here? Gregory D. SquiresAbout the ContributorsIndex
Acknowledgments1. Introduction: The Rough Road To Reinvestment Gregory D. Squires2. Where The Hell Did Billions of Dollars for Reinvestment Come From? Joe Mariano3. Giving Back To The Future: Citizen Involvement and Community Stabilization in Milwaukee William R. Tisdale and Carla J. Wertheim4. Taking It to the Courts: Litigation and the Reform of Financial Institutions John P. Relman5. From Living Rooms to Board Rooms: Sustainable Homeownership Deals With Banks and Insurers in Boston Thomas Callahan6. A Citywide Strategy: The Pittsburgh Community Reinvestment Group Stanley A. Lowe and John T. Metzger7. Filling the Half-Empty Glass: The Role of Community Advocacy in Redefining the Public Responsibilities of Government-Sponsored Housing Enterprises Allen J. Fishbein8. Fighting Predatory Lending from the Ground up: An Issue of Economic Justice Maude Hurd and Steven Kest9. Community Reinvestment in a Globalizing World: To Hold Banks Accountable, from the Bronx to Buenos Aires, Beijing, and Basel Matthew Lee10. Research, Advocacy, and Community Reinvestment Malcolm Bush and Daniel Immergluck11. The Essential Role of Activism in Community Reinvestment John Taylor and Josh Silver12. Protest, Progress, and the Politics of Reinvestment Peter Dreier13. Epilogue: Where Do We Go From Here? Gregory D. SquiresAbout the ContributorsIndex
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