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The Helping Expand Lending Practices in Rural Communities Act is a United States bill that would amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to direct the Consumer Financial Protection Bureau (CFPB) to establish an application process that would allow a person to get their county designated as "rural" for purposes of a federal consumer financial law. [1]
A California lawmaker is leading the charge to make undocumented residents eligible for a popular state-backed home loan program, weeks before it gives out another $250 million in down payment ...
California State PTA President Celia Jaffe stated: "Our schools have been desperately underfunded for years, and we need this measure to ensure our children have the resources they need in order to learn. We urge parents and families across the state to support this act to give classrooms – and our children – the funding they need." [35]
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
“Those who have lived through the passage/implementation of #AB60 will know the life-changing consequences it had for our communities,” the California Immigrant Policy Center tweeted. “The ...
California's Reparations Task Force is concluding a two-year process to study and gather evidence about the harms of slavery and to recommend reparations to the state Legislature.
White women make 80¢ on the dollar. The wage disparity is even worse for women of color and single moms. As a result, an elite few are able to hoard wealth instead of investing it back into communities. Prop. 16 opens up contracting opportunities for women and people of color. We know that small businesses are the backbone of our economy.
The Affordable Housing and High Road Jobs Act of 2022 (AB 2011) is a California statute which allows for a CEQA-exempt, ministerial, by-right approval for affordable housing on commercially zoned lands, and also allows such approvals for mixed-income housing along commercial corridors, provided that such housing projects satisfy specific criteria of affordability, labor, and environment and ...