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The Neighborhood Reinvestment Corporation, doing business as NeighborWorks America, is a congressionally chartered nonprofit organization that supports community development in the United States and Puerto Rico. The organization provides grants and technical assistance to more than 240 community development organizations.
The inequality in loaning extends past residential to commercial loans as well; Dan Immergluck writes that in 2002, small businesses in black neighborhoods received fewer loans, even after accounting for business density, business size, industrial mix, neighborhood income, and the credit quality of local businesses. [90]
Issued 401 loans/grants totaling $580 million with $80 million of URA investment Invested $348 million in economic development projects, leveraging over a billion dollars in total project costs Leveraged $60 million in tax increment financing (TIF) to create $520 million in total investment
Website. neighborhoodscout.com. NeighborhoodScout is a website and online database of U.S. neighborhood analytics created in 2002. [1][2] The site offers neighborhood reports and a search function. [3][4][5][6][7] The website is owned and operated by Location, Inc., a Rhode Island corporation headquartered in Worcester, Massachusetts.
Mortgage discrimination or mortgage lending discrimination is the practice of banks, governments or other lending institutions denying loans to one or more groups of people primarily on the basis of race, ethnic origin, sex or religion. Instances of mortgage discrimination occurred in United States inner city neighborhoods from the 1930s and ...
Real estate economics is the application of economic techniques to real estate markets. It aims to describe and predict economic patterns of supply and demand. The closely related field of housing economics is narrower in scope, concentrating on residential real estate markets, while the research on real estate trends focuses on the business ...
Neighborhood Trust Financial Partners (formerly Credit Where Credit Is Due) was founded in 1994 by community activists Mark D. Levine and Luis De Los Santos, [1] with a mission of empowering the overwhelmingly low-income, Latino residents of Northern Manhattan. Neighborhood Trust FCU received its federal charter in 1996, and opened to the ...
Columbia University, officially Columbia University in the City of New York, [8] is a private Ivy League research university in New York City.Established in 1754 as King's College on the grounds of Trinity Church in Manhattan, it is the oldest institution of higher education in New York and the fifth-oldest in the United States.