Since any solution to address this demand-supply mismatch must include a combination of new construction and affordable housing preservation, many advocates and developers have set their sights on neighborhoods with rental stock that is both market-rate and affordable to people living at or below median income for those areas. This is called naturally occurring affordable housing, or NOAH.
Author Corey Carlisle
Bankers engage their communities with fun and educational programming during the summer.
Innovative lenders and their community partners are scaling a resident-ownership model where homeowners in manufactured home communities can become community owners of the land on which their homes resides.
Banks across the country are increasing access to tax support services and extending the benefits of EITC.
Financing community development in low- to moderate-income communities often requires a creative mix of public, private and philanthropic resources.
Recent studies on charitable giving suggest Americans are donating more to charities and nonprofits, but are giving less of their time.
The ABA Foundation offers book recommendations to help bankers advance youth financial literacy during the summer months.
Armed with insight and tailored educational outreach, these banks are catering to nontraditional customers that, in turn, boost their bottom lines.