Webster Bank Provides Financial Education Funding for Taunton Nonprofit
A Taunton nonprofit received a grant from Webster Bank to provide financial education to students in low- to moderate-income areas.
FHFA Seeks to Up GSE Minority Homebuying Targets
The Federal Housing Finance Agency has proposed new housing goals for Fannie Mae and Freddie Mac that would increase the share of mortgages purchased by the government-sponsored enterprises in minority and low-income neighborhoods.
Boston, Worcester Bank on Financial Empowerment
One third of Bostonians live outside the traditional financial system, cutting them off from crucial financial tools like credit cards and savings accounts and helping to lock them out of economic mobility. To combat this Boston and Worcester, where numbers are similar, are partnering with financial institutions to offer checking accounts that are easier to access.
Tax Reform Would Leave Financing Gap In Low-Income Areas
The demise of Boston’s first “skinny tower” highlights anew an ironclad rule of development in the Hub: Unless you are well-connected power player about town, forget about trying to build anything.
